Zakaat Archives - Page 2 of 253 - IslamQA

A vast repository of Islamic Q&A, provided by Darul Uloom Deoband in India. It’s the official site of the Ifta department of Darul Uloom Deoband.

Loan Amount

Answered by Darulifta-Deoband.com

One of my Office colleague – Non Muslim (Hindu) asked for a loan of Rs. 20k and informed that he will return it in 1 month. It’s close to 2 years now and he is yet to pay the amount in spite of numerous follow-ups. He always assures to give after sometime. He is having… read more »

Provident Fund

Answered by Darulifta-Deoband.com

I am an employee working in a PSU company of Govt. of India. Company gives option to employees to keep their provident fund (PF) money for 3 more years after retirement, if they wish. In the event an employee keeps PF money for 3 more years, does he/she shall have to give zakah on the… 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 »

Zakah on plots

Answered by Darulifta-Deoband.com

I have bought plots in building societies, at the time when I bought them I had no clear intentions, of what I am going to do with them. I just bought them as cash money get devalued after time, so basically I bought them to invest for future. I may end up giving these plots… read more »

Today the gold rate is Rs 3047.30/gm. But the selling price of old gold is Rs 2742.57/gm. When I will calculate the value of Gold, which rate I will consider?

Answered by Darulifta-Deoband.com

Today the gold rate is Rs 3047.30/gm. But the selling price of old gold is Rs 2742.57/gm. When I will calculate the value of Gold, which rate I will consider? بسم الله الرحمن الرحيم (Fatwa: 1091/953/D=9/1439)   It is better that you calculate it as per the market price and pay its fortieth part as… read more »

My name is Mustafa. Every Ramadan I calculate my zakah. But this time I invested some money in Mutual Fund. Should I calculate invested money, so how to calculate my zakah.

Answered by Darulifta-Deoband.com

My name is Mustafa. Every Ramadan I calculate my zakah. But this time I invested some money in Mutual Fund. Should I calculate invested money, so how to calculate my zakah. بسم الله الرحمن الرحيم (Fatwa: 1332/1169/L=11/1439)   Yes, you will have to include the amount of Mutual Fund while calculating your zakah. Allah knows… read more »

Zakat on Plot

Answered by Darulifta-Deoband.com

I have made an agreement with a real state company and bought a plot on installments. Initially I have given 250,000 rupees down payment. The total price is 10,00000 rupees. I shall pay the remaining amount in 5 years in installment. I am buying this plot for purpose of sale. At moment I do not… read more »

Sidebar