The money that is liable to Zakah

Q 8: A man has (30000) thirty thousand (Part No. 8; Page No. 226

A 8: Yes, Zakah is due on this money, if a Hawl (one lunar year calculated from the time a property reaches the minimum amount upon which Zakah is due) has passed while it is in your possession, since it reached the Nisab (the minimum amount on which Zakah is due) that renders Zakah obligatory on the money. The percentage of Zakah that must be paid out is one quarter of one tenth, i.e., 2.5%.May Allah grant us success. May Allah's Peace and Blessings be upon our Prophet Muhammad, his family and his Companions!