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Who Receive Zakat and Charity

i read at your site that we need to pay zakat on 40th part of our wealth

الاستفتاء

aslam o alekum! may ALLAH always smile upon you all! amin i read at your site that we need to pay zakat on 40th part of our wealth.in this regard i want state that we have been paying zakat at the rate of 2.50%. is this correct? wa salam

الجواب حامدا و مصلیا

Yes. You have understood correctly. The 40th part which is given in Zakat is 2 ½ % as per calculation according to percentage.