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85 fatwas

  • Calculating Zakah on bank certificate with a compound interest rate

    I have bought a certificate from a bank in Egypt since January 1998 with total amount of 50,000 Egyptian pounds. It has 12.5% compound annual interest rate. It reaches now to about 100,000 Egyptian pounds. I want to figure out how much money as Zakah should I pay right now (i.e. after 6.5 years from the buying date) and do not forget it has.. More

    88340 22-7-2004

  • Zakah on jewelry

    I need advice about Zakah on gold. I recently got married and my father has bought me a lot of gold for my wedding. This gold, I only wear occasionally, on weddings that occur only, maybe 4-5 times a year. One Ramadan has already passed since I have owned the gold. I would like to know whether I am liable to pay Zakah.If I have to,how much should.. More

    88256 13-7-2004

  • Paying and giving Zakah

    I started my business with one million rupees, and I get the monthly profit of 7000 to 10000 Rs. Its been only two months since I started my own business. I want to inquire if I’ve to pay the Zakaah on the principal amount plus the money at hand at the deduction of the Zakaah time after one year, or if can I pay Zakaah monthly from right now?.. More

    87712 12-5-2004

  • Zakah on Women's Golden Jewelry

    Do women have to pay "Zakah" for their gold which they wear regularly? If the answer is yes, and she hasn't any source for gaining money, how can she pay? Thanks for your time. .. More

    81175 22-4-2004

  • Zakah on gold jewelry worn by women

    I have 250 gm of gold jewelry which my daughter and I wear. How much Zakah must be paid on it? Sometimes my husband pays it... More

    81703 22-4-2004

  • Calculating Zakaah of gold, silver and money

    I would like to know whether the calculation for Zakah mentioned below is correct: Total Cash Saved during a year: Rs.XXXXX Total Value of Gold & Silver: Rs.YYYYY Less: Balance of Loan to be paid taken For purchase of plot last year:Rs.ZZZZ 2.5% on Net Balance = Zakah Amount Please if u can clarify that the method which I have applied is correct... More

    86629 10-4-2004

  • Zakah due on cash and paying it when it is due

    My mother has $1000 for one and half years, and I have $500 for the same period. Do I have to pay Zakah? If yes, how much is it? Can I pay it directly to the poor without giving it to the government? Am I late paying Zakah since I have to pay it every year - am I now late by 6months? Is there any way to correct this mistake?.. More

    86834 25-3-2004

  • Paying Zakah on gold

    I want to pay Zakaah on my gold. I have not paid Zakaah on my gold for the last 3 years. How much is due and when is it due - every year, every month?.. More

    87362 25-3-2004

  • Gold and silver values then and now

    Please send me the meaning and weight of one Mithqaal and one Dirham in the period of Rasool-Allah (Sallallahu Alaihi wa Sallam). Whether the cost of gold and silver were the same then or just like nowadays... More

    86363 27-9-2003

  • Add All the Three Items Together and Give Their Zakaah

    If a person is having 80gms of gold and 550gms of silver and about 700 SR in cash. How can we know that he is eligible for Zakah? Moreover, if he is/not eligible for Zakah. Please guide us how to calculate/analysis the financial condition. .. More

    86349 27-9-2003

  • Gold is the basis for the Zakah of cash

    About Zakah Nisaab you said a min. 85gms of gold of 595gms of silver, possession for a whole lunar year. When we check the cash value of these two pure metals we found a lot of difference. For example London Bullion market shows 361 USD for one ounce of gold and 5 USD for one ounce of silver. Please guide us how to solve this problem of difference... More

    86321 23-9-2003

  • Zakaah on Gold and Diamond Jewelry

    I have some jewlery in gold and Diamonds when we were wealthy this was the amount of jewlery that ladies in my level in my community wore. Now we can not pay our rent or buy bread. My husband, after working in his own great business is working in the lowest catagories of work at someone busine for a low salary. My question is : I can not pay ( Zakat.. More

    85625 25-2-2003

  • Zakah on inherited money

    My mother inherited Rs.644000.Should the zakat be paid immediately or after one year. What percentage should be paids. Is it 5% or 2.5%... More

    85440 18-1-2003

  • Zakah on money, etc.

    Please clarify the following according to Qur'an and Sunnah: -A) As I have given the Zakah on one complete year of possession of Rs.100, 000/- and if it increases by 25 percentages next year on which amount Zakah is obligatory? 125 or 25 percentages?B) What is the ruling of Zakah on closed and kept house not in use? Do we still have to pay Zakah on.. More

    83945 8-4-2002

  • Zakah on Gold Jewelry

    1. We have jewelry equivalent to Saudi Riyals 200,000.2. The amount of gold is about one kilogram. The intention has always been for my wife's use and never to sell any of it. Do we have to pay Zakah? Who is supposed to pay the Zakah, my wife or me, the husband? If my wife has no income, can she sell some of the gold to pay the Zakah? How do we calculate.. More

    83684 23-1-2002

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