What percentage of qualifying wealth is generally paid as Zakat?
A
1%
B
2.5%
C
5%
D
10%
Correct Answer: Option B — 2.5%
Explanation:
Zakat is generally paid at 2.5% on qualifying wealth that reaches the nisab threshold and is held for a complete lunar year. The rules can differ for certain types of assets, but 2.5% is the standard rate applied to common forms of zakatable wealth.