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    Answers with Tag: loan

    I am in the process of calculating our zakat and want to make sure I get it right. I am adding up all of our cash assets and investments and muliply by 2.5%?

    Big cos. lik ours take the projects on low cost for ex.. if the project costs 100dinars we quote 60dinars and in turn cut in material supply or in labour

    Mr. A is in need of money and plans to rent his house for a large deposit and no rent. He is willing to rent his house to anyone who can give him the money which he will return without any deduction after the agreement period is over.

    Zakaat for Providend Fund, half of which is deducted from my salary every month and half is paid by the company itself.This money does not come in my hand

    I have approached the bank and explained that I want to buy a house with a loan from them that complies with Islamic Law and Principles.

    I pay monthly installment of Rs. 7,000 per month, I want to ask you that ‘Zakat’ and ‘Qurbani’ is wajid on me or not

    1) Could you advise me as to whether it is required of me to pay this student loan before i go to hajj or umrah with my parents or future partner?

    I have few Credit cards and I am very care ful about not paying any interest

    As per Canadian law my wife is the owner of 50% of what I own. I have my house for which I have loan of about 90% of the value

    When I am indoors by myself or with my husband, is it necessary for me to cover my head

    British repossessed our land in india

    Multiple period in one month

    What is it zakat…Those money were going up and down from $2,000 to $13,000 through out the year. So, do I owe any zakat for 2002.

    Is it jaiz to use interest earned from a bank to pay off interest charged from the same bank ?

    Plz explain this verse of the Glorious Quran Surah Maryam; Verse 76