gold and silver Archives - Page 20 of 25 - IslamQA

This answer was collected from the official ifta website of Darul Uloom Deoband in India.

I am pursuing MBA and i want to start my business of investment consultancy services. I will do broking of share, mutual fund,insurance, foreign exchange, real estate, gold and silver and commodity future trading.. IS it permissible for me to do this?

Answered by Darulifta-Deoband.com

Assalam.. I am pursuing MBA and i want to start my business of investment consultancy services. I will do broking of share, mutual fund,insurance, foreign exchange, real estate, gold and silver and commodity future trading.. IS it permissible for me to do this? IF not, what is the halal way of doing these business in… read more »

Wearing Gold, Silver, Amulets

Answered by Albalagh.net

Wearing Gold, Silver, Amulets… By Mufti Ebrahim Desai Q. 1) Is it allowed for men to wear ring of silver, steel, copper and gold (or any other metal and of what weight), if not, on what basis? A. 1) The use of gold and silver is impermissible and unlawful for men during prayer time or… read more »

Do I have to pay zakat on my property?

Answered by Darulfiqh.com

 Do I have to pay zakat on my property?  Answer:  In the Name of Allah, the Most Gracious, the Most Merciful.   As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.  In essence, only the following categories are zakātable: 1)     Gold and silver 2)     Cash 3)     Merchandise 4)     Agricultural products 5)     Animals and livestock  Personal belongings such as a house,… read more »

gold and silver utensils

Answered by Fatwa.org.au

I know the hadith about eating from silver and gold: that it is tantamount to eating fire into our belly and that such things are for the kuffar in this world and that our silver and gold is in Jannah, inshallah. My question is: Is it only prohibited to use real silver and gold utensils… read more »

calculating zakat on jewellery

Answered by Fatwa.org.au

I am finding it confusing on which price our Zakat is supposed to be based on. As an example, Zakat has become compulsory on me. Now, I had bought this gold from the shop for $50. And if, for example, now I sell it, the price will obviously go down. So for instance I will… read more »

Zakat on Silver rings

Answered by DarulIftaBirmingham

Zakat on Silver rings In the name of Allah, the most Beneficent, the most Merciful. Answer It should be understood that Zakat is only obligatory upon gold and silver jewellery. Precious stones such as pearls, rubies, and diamonds are exempt from Zakat. (Aapke Masaail p.365 v.3) With regards to your question, Zakat on mixed articles… read more »

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