investment Archives - IslamQA

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

Zakath on House

Answered by Darulifta-Deoband.com

I have Purchase House Last Year for Rent Purpose & did not give Zakath last year Hence my Purpose rent only not for Investment or selling, but Unfortunately Documents of house not clear and I have Sold it out last Month and Looking another house to buy. Those Amount of House Do I Need to… read more »

Investment and intrest

Answered by Darulifta-Deoband.com

I am a central govt employee and paying income tax which is deducted from my salary. (1) I am investing in PPF account in SBI bank and eligible for some return as a interest. (2) I am also investing in society run by our office and it is govt registered society. My query is that,… read more »

Zakat on plot

Answered by Darulifta-Deoband.com

Kindly let me know the rules of zakah on following. 1. The plot purchased with no intension and after few years it is decided to sell. Will zakah be applicable on it or not? 2. The plot purchased with the intension to make the house or give it on rent. Will zakah be applicable on… read more »

Distribution of inheritance

Answered by Darulifta-Deoband.com

Respected Ulama Your valued assistance in the following matter is required. Inheritance facts established (1) my late brother was employed by Edgars and had a compulsory pension policy with them. (2) At retirement he was compelled to invest (two thirds) of the payout in a compulsory monthly pension return based portfolio with a registered financial… read more »

Zakat Calculations

Answered by Darulifta-Deoband.com

I have questions regarding zakah calculations: Question 1: From the annual calculations of zakah, do we need to deduct the following amount as deductible liabilities from my assets in order to find the net value on which zakah (2.5%) will be applicable? The liabilities as follows: Car Lease Payment (next 12 months), Apartment Rent Charges… read more »

Zakat on Land Investment

Answered by Darulifta-Deoband.com

I have made investment of some amount in partnership with my bro-in-law and uncle but the land is in the name of my uncle for past 10 years. I have invested X amount and now the value of land in 8X. Please advise will I be liable to pay zakah on this land if this… read more »

Working as a Manager at SEBI

Answered by DarulIftaBirmingham

Answered by:  Maulana Tahsin Alam​ Question I am working as a manager at SEBi The Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India. Since the work is related to security market shares, mutual fund investment companies I want to know whether this… read more »

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