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View By Subject 34 fatwas
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Is it allowed for a mother to distribute her gold that is above the zakat threshold (nisaab) among her children as a way to avoid paying zakat?
Assalamu AlykumMy mother has gold above the zakaat threshold(nisaab) now can she distribute the gold between her children ? Children are above 20 and either student or working.This way mother need not to pay the zakaat as gold will become less then nissab.Is it permissible to distribute gold between the children to avoid zakaat as mother/family has.. More
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Nisab of Gold and Silver Differ in Value: Which One to Opt For
السلام عليكم ورحمة الله وبركاتهI live in the Netherlands which is a wealthy country. The nisab of gold is around 4220 euro and the nisab of silver is around 261 euro (zakaat.eu). Which one should we use? Because in the Netherlands you are not considered rich if you have €261. So should we use the nisab of silver or the nisab.. More
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Zakah Due on Cash, Gold and Silver
Assalamalaikum
I have 64gram of 9ct 18ct and silver . And cash in bank. Do i add the value of the gold and silver to my cash and pay zakat on total
Jazakallahu kheiran
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Zakat on Retirement Bonus Money
Assalamualaikum, my father retired from his post 4 months? before and he received bonus amount after retirement so is zakat obligatory on him or not? my second question is can my wife give zakat to my brothers for completing education in Universities if my father has money ( retirement bonus) or not?
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Not having cash to pay zakaah on gold and loan
Assalaamu alaykum. Thank you very much in advance. I have lost my job, and May 2017 is my last working month. I have been paying zakah during Ramadan each year without fail. In Ramadan 2017, as I lost my job, I do not have any cash in my hand or in my bank account to pay zakah in Ramadhan 2017. What is the solution for postponing the zakah to next year.. More
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Paying zakah for past years - Borrowing to pay zakah
Assalaamu alaykum wa rahmatullaahi wa barakaatuh. If one has not paid zakah in the past and must make up for all of them, is it possible for him to pay the old zakah based on the current amount of money in his possession? For example, the person has x amount of money and he multiplies the figure for the total of zakahs that he has to pay. Can one do.. More
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Paying overdue zakah on silver hoarded by mother
We found out that we own seven kgs of silver that were given as a gift by guestsduring our wedding. The silver was never in our possession but remained in my wife's mother's custody for the last 30 years. We were given it after her death. Is silver subject to zakah, and if so, then how should it be calculated?
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A decrease in the value of currency does not change the ruling of zakat
I have been hoarding foreign currencies for a year. However, its current value decreased from that of the time it was purchased so how should its zakat be paid?.. More
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Paying zakat according to the value of manufactured gold
Are we to estimate zakat as 2.5% for manufactured gold in addition to manufacturing fees or just according to the standard value of gold? .. More
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Zakah on a gift of gold for wife and minor children
Can a Father buy a gold 1. For his 3 years old son around 60 gms, thinking that he will use this gold on his education when he grows up. 2. For his 5 years old daughter around 60 gms, thinking that he will use this gold during daughter marriage. 3. For his wife around 80 gms of gold only. Does the father has to pay Zakat on any of the three above ??.. More
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The fees for transferring the money of Zakah is not counted as Zakah
Are the fees for transferring money via Western Union counted as part of Zakaah money? For example, if I have to pay 215 Euros as Zakaah, I send 100 of it to a person in my country and the rest of the amount to someone else via Western Union. This person will receive only 100 Euros because the transfer fee for this amount is 15 Euros. In such a case,.. More
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Zakah on money that will be paid for a bought property
Bismillahir rahmanir raheem, As-salamualaykum,w,w I had the exact amount of money to buy a property to rent out which I paid 2/3 already & the rest should be paid at completion which was in 6 months .However,the completion has been delayed for more than a year &the rest of the money is in the bank (for over a year).Do I have to pay zakaat.. More
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Wants to know how to pay Zakah on her gold
asa.for my marriage my parents gave me 480gms of gold as dowry and i was given 56gms as mahar by my husband.for the past 6 months about 240gms is kept in abank for loan.the only gold i use weighs about 104gms including my mahar.can u pls explain the amount i should pay as zakat and whether it should be in the form of money or gold itself.will the.. More
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The Nisaab for gold is 85 grams of pure gold
Assalamu Alaikum, Please can u tell me what should I do regarding Zakat on 9carat gold. Do i weigh it with my other gold which is 18carat. or do as the shopowner did when weighing it last year which was weigh it separately ,and then halve the weight. ie. the weight was 30grm 9carat . so he said its equal to 15grm 18carat. Jazak allahu kheir ... More
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Silver has its own Nisaab
The Nisab level for paying zakah for gold is 85 grams and for silver it is is 595 grams. But If suppose one is having 600 grams of silver than he is above the nisab level of silver and zakat is compulsory on him but if he converts this 600gms of silver into gold then the new value of the gold after conversion will be less than the nisab level of gold.
How.. More
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