IslamQA

Zakaat

Can Zakat be given to rich students?

Can Zakah be given to rich students who are studying full time in a madrassa? I know the Syrian mashaykh give fatwa of jawaz but wanted to know more about this. Answer   Wa’alaykum as Salam wa rahmatullahi wa barakatuhu, In order for a person to be deserving of...

Fatwa

I had some bank interest which I almost separated from my business account. Is it allowed to give this interest to my son in law? Answer Wa’alaykum as Salam wa rahmatullahi wa barakatuhu, In principle, a person has to return the interest money back to its owner....

Zakaat on 1 tola gold

I have 1 tola of gold(on which zakaat is not compulsory). And in Pakistan its price is equal to or more than 52.5 tola silver (on which zakaat is compulsory). So, do i have to pay zakaat on that 1 tola of gold which price exceeds the price the of 52.5 tola silver?...

Zakat

I have purchased inventory of rupees 1000000 for my shop. the year is not completed and i have sell my shop for 2000000…. Do i have to pay zakat on 1000000 from which i have purchased inventory on the completion of year since i have started my shop ???? Answer...

Zakat

What is zakat rate on resturant business ??? Answer Wa’alaykum as Salam wa rahmatullahi wa barakatuhu, Zakah is compulsory on stock which a person intends selling. 2.5 % should be given on the market value of the stock. In case of a restuarant, 2.5% should be paid on...

Time for Zaqat el Fitr

As salamu alaykum respected Mufti, should the organizations that collect zakat in the different masajid pay Zakat El-Fitr on Eid’s day, or can they postpone it? For example, there are organizations that say that zakat money will be paid to them. given in the form of...

Zakat on property payment

I am buying a flat and the sale have been agreed. Is the money in my account for this flat treated as account payable as we have agreed to pay this amount upon completion of sale documents. Is zakat payable on this money or not? Jazak allah Answer Wa’alaykum as Salam...

Zakat on Investment through others

1. I have invested money through somebody and there is no specific information about the property (there are many investors) share and current market value. How will I calculate Zakat? 2. I have purchased a plot on installments (file only as the balloting is not yet...

Zakat

1- do i have to pay zakat on trading goods?? If yes how much ?? 2- if i have property for selling purpose and only have money for my expenses do i have to pay zakat on them ?? Answer Wa’alaykum as Salam wa rahmatullahi wa barakatuhu, Yes, Zakah is compulsory on the...

Zakat on truck used in iron ore mines

Assalamualaikum.mufti sahab…is zakat is valid on the trucks which is used in mines to carry iron ores? Answer Wa’alaykum as Salam wa rahmatullahi wa barakatuhu, No, there will not be any Zakah on truck used for such activities.   And Allaah Ta'aala knows best...