Is Zakaah due on state funds and the money of banks and the companies owned by banks?.. More
We are a group of youth and we have established a charitable organization to aid the poor and needy among us, and anyone befallen by a calamity. If we have a good amount of money in the organization, is it due on us to give Zakaah from that money if a lunar year has elapsed upon it? Please advise me. May Allaah Reward you... More
ASAK. I have a question on Zakat money which I hope you can answer as a matter of urgency, as I may be overdue on making zakat payment. Last year I paid the Zakat in the month it was due (which happened to be during Ramadan) for year ending year 2011. The amount paid there is all fine with me. Then during the next year, ie for this year up to.. More
Assalamu Alaikum. I purchased a land about 2 years ago and not paid zakat on the land value. Now, I have sold the land and from the appreciated value of the land, i have started constructing "home" (this is my first home to live). Should I pay zakath on the sold land or not since I am using the money to build a home for my family and not investing in.. More
As Salam alaikum, My question is regarding Zakat. We normally calculate total belongings of ours, i.e, myself and my wife, as from the beginning we have not kept things separately, hence zakat on total possessions. And alhamdulilah we have been paying our zakat every year. Now, I have a govt interest free student loan, do I need to pay the zakat.. More
Question about Zakat I am constructing a house which initially I intended to give on Rent. Recently my wife and children have relocated to the same Area and due to security reasons I am not planning put them in new house under construction. Instead, I have rented one portion of my brother in Law house in the same Area as he will take care of them... More
As-salamu alaikum wa-rahmatullah wa-barakautallah 1. I spend money from my monthly salary to build house for rent. End of the year I have no balance. But if I do not build house I must have enough money for Zakat. Now I have pay Zakat of this money or not ? 2. I took loan from End-of-Service fund for build house for rent. But this money I can not.. More
Assalaamualaikum. Is zakaat due upon children who have been receving gifts of money and jewellery since birth or have inherited wealth? If not at what age do children pay zakaat and if children are not of legal age (which is 18 yrs in my country - Trinidad and Tobago) to conduct financial dealings can their parents do the needful on their behalf?.. More
I'm working here in saudi arabia for 19 yrs.If I'll exit for good,and the company give my end of service benefit,will I pay zakat the moment I receive the amount which above the nisab or I'll wait for a year to pass and pay the zakat?.. More
Dear Brothers in Islam Assalam u alaikum i have read many fatwas on Zakaah but could not find answer to my question in any of them, please answer the below question of mine. i have bought a flat by taking a loan from an islamic bank, now i owe the bank about 500,000 Dhs which i have to pay them back in 4 years. i have given the flat on rent from which.. More
Assalaamu alaikum, A sister from our forums is asking the following question. We hope that you will be to answer it: "If a person owns a small amount of jewelry (a couple hundred dollars worth), and the same person has thousands of dollars of debt (owed from before accepting Islam), and the person doesn't have any wealth that has been sitting for 1.. More
Dear Scholar – Asslam alaikum, I have a life insurance policy in India, lately only I came to know that it is forbidden and until now I am paying the premium. Now my question is that should I every year pay zakah for whatever the premium I made until then, as it is like a saving Jazzakumullahu khairan .. More
Is the Nisaab of Zakaat different for different countries? Should it be the same for a person of Somalia where most of the country is below the UN established poverty line and for Switzerland, where hardly anyone is below the poverty line? The Nisaab set by Mohammad, sallallaahu alayhi wa sallam, for the camel, the goats and the gold, all were.. More
I'm retired. Must pay monthly 600 dollars for my 2 sons schooling for the next 3 years. The amount of money I have in bank can hardly cover above expenses. Should Zakaat apply? .. More
I have two questions which I wanted to be answered: 1) Can a person give Zakaat by estimation and by being sure that the Zakaat amount is more than what he acquires? 2) Is there any special prayer due to which Allaah gives a person a power through which he can read other peoples mind? I have heard of few good Muslims who have these powers.. More
You can search for fatwa through many choices