What is the ruling on one who makes the month of Ramadan the time for his zakah, and how does he pay the zakah on newly acquired wealth?

Question : Shaykh Muhammad, among the questions we actually received, this questioner says: Some people make the month of Ramadan the time for their zakah.

Answer : Praise be to Allah, Lord of the worlds, and may Allah send prayers and blessings upon our Prophet Muhammad, his family, his Companions, and those who follow them in excellence until the Day of Judgment. Since the month of Ramadan is the month of generosity, kindness, and benevolence, I see that any believer should make the month of Ramadan the time for his zakah. Although zakah is obligatory, it is a form of generosity and kindness, and it is better than voluntary charity. If a person gives ten dirhams from his zakah and ten dirhams as voluntary charity, the first is closer to Allah the Exalted, by the saying of Allah Blessed and Exalted in the Holy Hadith:
Therefore, many Muslims have chosen to make the month of Ramadan the time for their zakah. However, there remains an issue: some wealth may not have been acquired by its owner until one or two months, or one or two weeks, before Ramadan. What should be done with this newly acquired wealth? Should he pay its zakah along with the wealth that has completed a lunar year, or not? I say that if this newly acquired wealth is the profit of a trade, then its lunar year is the same as the lunar year of the original capital, and there is no issue with that. Likewise, if the newly acquired item is owned by the person as new ownership, but this ownership is due to the turnover of trade—because he intends to sell this and buy that, and sell this and buy that—then the lunar year of this newly acquired item is the same as the lunar year of the first wealth. However, if the newly acquired item is independent, such as salaries, inheritance, a gift, or the like, then its zakah is not obligatory until a lunar year has passed over it. But if he wishes, he may pay its zakah along with the zakah of his wealth in Ramadan; there is nothing wrong with that, and paying the zakah in this case falls under the category of advancing the zakah. The scholars have said that there is nothing wrong with advancing the zakah for one or two years.