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Answers with Tag: gold

Some of us argued that we only needed to pay Zakat if we had an established job, while others said that since we have a job in the first place, we must pay Zakat. Can you please clear this up for us? Do we, as teenagers with their first jobs, have to pay Zakat? When is it compulsary for us to do so?

I am currently in the process of purchasing a property in the UK, the loan has been approved. …Secondly I have other savings in shares

Minimam nisab level for Zakath to wajib is 525g of silver & 75g of gold, now my question is now in my country 1g of gold is 900Rs & 1g of silver is 18Rs. why is such a huge difference between the two quantities for the requirement of Zakath

Person A lends some money to Person B, say $500. At the time of lending, $500 will buy you 1 ounce of gold….

My wife is asking for divorce. My question is, is it permissible for me to ask for jwellery on top of mehr?

I have student loans of $9,000, I also own 40 tolas of gold. I am I eligible to pay Zakat?..Qurbani?

I would like to know whether it is permissible to use solar power as a source of heating water and generating electricity in out homes, in light of the environmental issues…

My Mother passed away earlier this year. As her eldest son I’ve taken the responsibility for distributing any inheritance due. I would like to seek your advice in how any inheritance should be split.

I have to pay a bank loan of Rs. 1.700 million for which I have mortgaged my house…Now I have no other way to get rid of this loan until unless I get the mortaged amount from any Halal source or pay installments every month. Please guide that should I mortgage my…

I heard that only Hanafi Fiqh…Zakath on gold Jewellery for the purpose of wearing of women is to be given and the other three fiqh, no need for zakath on gold jewellery…

We are not manufacturers/resellers we just source it for them with our margins…we cannot keep all stock with us..is this method of trading halal ?

My question is related to Zaakat