"I really don’t keep track of whether or not I have owned the Nisab for the complete year or when I
  • "Answer:
    Since most Muslims in the USA own at least the value of Nisab, you don’t have to keep track of when you acquired this amount. Also, since you are encouraged to give in charity more than the minimum obligatory Zakat, you should then assume that you have always been in possession of the Nisab value. Therefore, to simplify matters, chose a specific date of the lunar calendar of every year, calculate the total value of your Zakatable wealth on that date, and give 2.5% of it

    The answer has been taken from various sources of scholars, academics and muslim inspire research team – and we do not verify its accuracy And Allah knows best."