I would like to pay zakat for all my four children.They dont earn.I earn.So how much should I pay for them and is zakat compulsory for them? 2 of my children earn money through freelancing one is 17 and one is 15.
Zakat is compulsory on the wealth of any (free) Muslim: male, female, adult or child.
The only conditions that play a role are:
Nisab: the minimum amount of the specific wealth that should be at hand for which zakat is a due
Hawl: the time period which this wealth should have been at hand which is one lunar year.
You should pay zakat of your money on three conditions, in very short:
- The money is being held for work / commercial operations. It's ornaments for women like necklaces , rings... Etc. Or it's your house , of course you don't pay zakat for your house, it's not for your commercial operations
- It should be more than Nisab, it's a quantity of money, if you have below it you don't have zakat to pay, it's not mandatory. Nisab is what equals 85 grams of gold. So you should have money that equals one of the quantityies or more.
- It should be above Nisab for a whole lunar year. (Hijri year). If it goes under the Nisab during the year and then goes above it, you restart counting the year.
It's 2.5%. and it is calculated at the end of the Hijri year. And shouldn't be delayed much.