When transferring Zakaat, can the bank charges be deducted from the Zakaat amount?
The charges have to be paid separately. It may not be deducted from the Zakaat.
Category
Zakaat
251 answers. Every one links back to its page or issue on themajlis.co.za.
Does a Hanafi woman have to pay Zakaat on the gold jewellery which she wears?
It is compulsory for the Hanafi woman to pay Zakaat on the gold jewellery even if she wears it daily.
Must one pay Zakaat on a retirement fund?
Once the retirement fund money has been received, then Zakaat will be payable on the balance after paying the tax. As long as the money has not been given to you, Zakaat is not…
Is Zakaat payable on investment property or on only the rental?
Zakaat is not payable on investment property nor on the rental. Zakaat is payable only on cash one has at the end of one's Zakaat year. Zakaat is not paid on investment property…
We have always understood that Zakaat is not permissible for Sayyids.
The actual mas'alah is that it is not permissible to give Zakaat to Sayyids. Rasulullah (Sallallahu alayhi wasallam) himself described Zakaat as ausaakhun naas (the filth of the…
On what value should Zakaat on stock be paid?
Zakaat on stock is calculated on the current wholesale price, i.e. the price you will pay if you have to purchase the stock currently.
Can a poor man owning a television be given Zakaat?
No, the poor man with a television may not be given Zakaat. He should be told to get rid of the television first.
I have saved some money for my 5 year old son.
According to the Hanafi Math-hab there is no Zakaat payable on the wealth of a nabaaligh. You don't have to pay Zakaat on the savings of your son.
I have some gold and silver jewellery items.
You have to add up the current values of the gold and silver jewellery items you have. If the total equals the Nisaab amount, then Zakaat is Waajib. If it is less than the Nisaab,…
I calculate my Zakaat on the 1st Ramadhaan.
You will pay Zakaat on this amount as well since you have received it before 1st Ramadhaan.
Some Zakaat collecting organizations use a part of the Zakaat funds to run their offices.
It is not permissible for an organization to use Zakaat funds for their expenses. The Zakaat will not be discharged. Do not trust these modernist ignoramuses with your charities.
I have saved up a considerable amount of money for my child of 5 years.
Zakaat is not payable on the wealth of a nabaligh (minor).
Are Madrasah fund collectors among the 'Aamileen' mentioned in the Qur'aan?
The Madaaris collectors of Zakaat are not among the Aamileen mentioned in the Qur'aan Majeed. The Aamileen refers to the Zakaat collectors appointed by the Islamic state, not by…
'A' obtained a loan from 'B'.
B should inform A that at the time of giving him the money, he (B) had made the intention of a gift, hence it is not proper for him to accept the money. After this, if A insists,…
I am currently working on a project mining a number of minerals - (salt, limestone, gypsum and soda ash), gemstones (ruby, emerald etc.), and metals (
The answers to your queries are as follows: Salt, limestone, gypsum, soda ash Initially, that is when these products are extracted and taken into possession, there is no Zakaat…
Is Zakaat payable on 9 ct gold and platinum?
Zakaat is not payable on 9ct gold nor on platinum. Zakaat is payable on 12ct and more. Zakaat will be payable on these items only if they are stock-intrade.
SANZAF has a payment system with a minimal payment of R50 per month.
It is a kuffaar Christmas hamper system which people with gluttonous eyes on money have introduced. Despite them collecting millions of Zakaat rands annually, their craving for the…
I have not paid Zakaat on my gold jewellery for many years.
The current price of the gold jewellery has to be used for even the Zakaat of the past years.
I have some gold which is less than the gold nisaab for Zakaat.
You are required to pay Zakaat on the gold plus whatever money you have. The value of the gold should be added to the other monies.
Is Zakaat payable on fixed property?
If property has been purchased for reselling, then there is Zakaat payable on the current market value of the property. If it has been acquired for rental income, not for…