Definition: The length of time that must pass before a Muslim in possession of funds equaling or exceeding the exemption limit (nisab) must pay zakat on his wealth. In the case of cash, gold and silver, it is one Islamic year, i.e. a lunar year of approximately 354 days.
RED MONEY SDN BHD
1/68F, E-12B-2.1, Level 12B,
East Wing, The Icon,
Jalan Tun Razak, Taman U Thant,
50400 Kuala Lumpur,
Malaysia.