Paying zakat on total wealth not just the amount greater than nisaab

Question Should the Zakat be paid from the WHOLE money you have (if more than elnisab) or from the amount you have beyond elnisab (the remains from subtracting the nisab from the whole money) ? Praise be to Allah. As for the meaning of the rest of the statement that what exceeds the nisaab no…

Question

Should the Zakat be paid from the WHOLE money you
have (if more than elnisab) or from the amount you have
beyond elnisab (the remains from subtracting the nisab
from the whole money) ?

Praise be to Allah.

As for the meaning of the rest of the statement
that what exceeds the nisaab no matter how small, it means that 1/4 of 1/10
(i.e. 2.5%) is also due upon this surplus difference. Thus, the overall meaning
is that if monetary wealth surpasses the amount of nisaab, then zakaat is due
upon it all, and not upon the surplus only, nor upon the amount of nisaab only,
but on the total. Note that zakaat must be paid on the excess amount over nisaab,
regardless of how small. This is the opinion taken by Malik and al-Shaafi’i
and jumhoor al-ulemaa’. (see the source quoted above)

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