I have to pay Zakaat on my gold jewellery.
Yes, jewellery may be pawned to acquire a loan to pay the Zakaat.
Category
Zakaat
433 answers.
The value of my gold jewellery is R60,000.
Zakaat is paid on the value of the gold only, not on the value of the jewellery. Zakaat is not paid for 'the design of the jewellery'.
The Heelah strategy adopted in some Madrasahs is as follows: An official of the Madrasah calls in a student, hands him a large amount of money with th
This 'heelah' is not valid nor is it permissible. The Zakaat is not discharged by this method of mockery and self-deception. Instructing the student to hand over the money to the…
I have some gold and silver jewellery.
If the combined value of the two equals the Nisaab of silver or more, then you have to pay Zakaat on the combined value.
I bought a car with the intention of selling it.
If the asset was initially acquired with the intention of selling it, then Zakaat has to be paid on its value. If you have cancelled your intention and are now using it for your…
In a partnership business, how should Zakaat be paid on the shares?
Each partner is liable for his own Zakaat. They have to pay their Zakaat separately.
When I was a child, my granny and others gave gifts which consist of gold coins and money.
Your father has usurped your wealth. It is incumbent that he hands over to you whatever belongs to you. Since you never had possession nor are you even aware of the value of the…
On what value of the merchandise should Zakaat be paid?
Zakaat should be paid on the current wholesale price of the stock-in-trade. In one of his Malfoothaat, Hadhrat Maulana Ashraf Ali Thanvi (Rahmatullah alayh) confirms this view.…
What is the ruling regarding begging?
A person who has food for the day is not allowed to beg.
May Zakaat funds be used to purchase Qur‟aan copies for distribution to the poor and for Muslim prisoners?
Since you will be giving the Qur'aan copies to poor Muslims, you may purchase the copies with Zakaat. Regarding Qur'aans in prisons, do understand that the Qur'aan Majeed is…
Will Zakaat be discharged with fruit trees given to a Madrasah.
Zakaat will not be discharged by means of fruit trees if the trees will be planted in a Madrasah. If the plants are given to a poor person, then the Zakaat will be discharged.
A person is entitled to accept Zakaat.
The primary objective of Zakaat is the Fuqara, not to buy luxuries. Zakaat may not be used to buy the R2 million house.
We received our inheritance money 5 years after the demise of our father.
Zakaat will be paid on the inheritance money only when the heirs take possession of it. The heirs have to pay Zakaat on their inheritance after taking possession, not for the past…
I am a consultant.
Yes, do include in your Zakaat calculation the money owed to you for services already rendered.
Will Zakaat be discharged if paid directly to the creditors of the debtor?
The Zakaat will be discharged only if the debtor makes you the wakeel to pay the debt on his behalf with money you will give on his behalf.
On what value of the gold jewellery does Zakaat have to be paid?
Zakaat will be paid on the current value of the gold in the jewellery.
I have paid for goods which are still in transit on the seas.
Zakaat should be paid on the amount of the money paid for the goods which have not yet reached.
A man‟s shop burnt down about 10 years ago.
If his niyyat remained to sell the stock, then he has to pay Zakaat on the stock for the past 10 years.
My mother said that the necklace (showing it to me) is for me.
You are not the owner of the necklace. It still belongs to your mother. Your mother is responsible for the Zakaat.
I gave a big sum of money to a poor person without the niyyat of Zakaat.
The niyyat will be valid and Zakaat will be discharged as long as the poor person has not used up the money.