What is the standard Zakat rate imposed on wealth that has reached its Nisab and completed

A) 1.5%

B) 2.0%

C) 2.5%

D) 5.0%

Explanation

The standard Zakat rate on wealth, gold, silver, and cash is 2.5% (or 1/40th) per lunar year, provided it meets the Nisab and Hawl conditions.