Dr. Monzer Kahf, a prominent economist and counselor states: “Zakah applies to the money one is saving from the day the total balance becomes equal to a Nisab (# US$ 1000), of course it becomes dues for payment after the passage of one lunar year (354 days) after that day and every 354 days then after whether you are in the country of migration or in your original country and you must add all your Zakatable assets together (savings are one of these assets). Zakah will also be applicable to the assets of your business when one starts it and they will continue their Zakah years that had already been determined as mentioned above.”