Zakaat Archives - IslamQA

Zakaah on shares and dividends.

Answered by Fatwa-TT.com

Question: Does Zakaat have to be paid on Shares? Also does one have to pay on the capital and the dividend also? Jazakallah   Answer: In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. On the outset one should ensure that the company in which shares are owned are… read more »

Giving Zakaah on time without delay.

Answered by Fatwa-TT.com

Question: AssalamuAlaykum, We normally take out our Zakaat in Ramadhan for the past year. Then this money is distributed amongst the needy and Zakaat collectors for Islamic Institutes. However the money is distributed slowly throughout the year, and may take a while to share out. Is this correct according to Shari’ah? Answer: In the Name… read more »

Accepting a gift that was bought with interest.

Answered by Fatwa-TT.com

Question: Assalaamu Alaikum. I am a poor person. Someone wants to donate a fridge to me. That fridge was bought with interest. Can I accept this gift?   Answer: In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. Firstly, it is very pleasing to see your concern and importance… read more »

Disposing of interest money

Answered by Muftionline.co.za

Q: How should interest money be disposed of? 1. Is tamleek (passing of ownership) necessary i.e. does it have to be given to an individual person or can it be given to madaaris or for digging of wells, etc.? 2. Can it be given to non Muslims? 3. How poor must a person be to… read more »

Eunuchs

Answered by Muftionline.co.za

Q: What are the conditions of eunuchs in Islam in view of the Holy Qur’an and Hadith if they trust whole heartedly and fulfill such as Kalima, Salaat, Fast, Zakaat, Hajj, etc.?  A: To castrate is not permissible. They should make taubah for this. And Allah Ta’ala (الله تعالى) knows best.   Answered by: Mufti… read more »

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