Is Zakāh Applicable on Money Spent?

Answered by Shaykh Yūsuf Badāt Question: If I earn £300 a year which I deposit in my bank account. At the end of the year, I have £150 due to money spent on clothes and food etc. would I pay zakāt on the £300 or £150? Answer: بِسْمِ اللهِ الرَّحْمنِ الرَّحِيْم In the name of…