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View By Subject 39 fatwas
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Zakah on land
It is said that if plot of land is bought as business there is Zakaat. What if we buy a plot of land (with the aim of selling it) and kept it for more than one and half lunar year without selling? Do we have to pay Zakaat by calculating the value of land after 1 lunar year? What if we do not have any other income? Or we have just income for.. More
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Zakat issues
I am doing business in non-Muslim country, in there bank giving interest for which I have deposit. How to treated that money in Islam point of view. I am usually giving to charity for Muslim people who is needed.
Secondly, my income is based on receiving commission - for which I sold on behalf of others, we accept certain %. My question is: Zakaat.. More
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Paying Zakah on inventory in business
I own a shoe store which I started 8 months ago, business is not doing good I cannot even make enough to cover my monthly expenses, I own all the inventory but I have no cash at all, usually I pay Zakaat every Ramadhaan and in previous business I was paying Zakaat on the inventory and the extra money I had in the bank but now all what I got is.. More
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Calculating Zakat on non-agricultural land
I have some non-agricultural land, I want to know how am I supposed to calculate Zakaat? Will it be calculated on its price when it was purchased or on its current price?
.. More
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Payment of Zakat on a real estate fund
I participated in a real estate fund about 27 months ago. The owner of the fund promised to sell the land in small pieces. He is taking his time since the market price is low. The question is: Do I have to pay Zakaat on the capital although I have not received my money back? If yes, do I have to pay for 1 year or 2 years? .. More
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Zakat on non-agricultural land and property
I have multiples of non-agriculture lands and property. How the Zakaat applies on land and property? I know about gold and cash point of view... More
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Zakah on business and other items
Do we have to give Zakah to the amount which we give as Sadaqa? In business we have to give Zakah to capital plus profit. What if business is a loss? Do we then have to give Zakah on the capital? If we have 2 cars, and the second car was bought for selling, do we have to give Zakah after receiving the money from selling the car immediately or.. More
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Zakah on land for sale
Is Zakah Wajib on a piece of land that is left empty and the intention for it is to take the profit when it is sold? The land is mine for more than one year... More
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Zakah on small shops
I want to know about Zakah. I have 2 units of small shops in a shopping complex. So far I have never received any rent from them, although I bought these 5 years ago. I have been calculating Zakat on what I have as Gold/ money etc. Should I include the cost of the shops, from which I haven't received any money, as rent? Please send me all the materials.. More
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