If a shareholder has received money in the form of dividends, what will be the hukm for Zakaat on this money?
Since the share money is haraam riba, it must be eliminated from one‟s possession by giving it to the poor.
Category
Zakaat
251 answers. Every one links back to its page or issue on themajlis.co.za.
Should Zakaat be paid on the value of cars which are hired out for rental?
Since the cars are given on rental, there is no Zakaat on the cars. To buy the vehicle is an option which the lessee can exercise. The primary function of the vehicle is…
Can Fitrah funds be used to give prizes to students?
It is not permissible to misuse Fitrah funds for doling out prizes to students. It is despicable to do so. This stupidity is in conflict with the Maqsad (objective) of paying…
On what value should Zakaat be paid for gold coins?
Zakaat on gold must be on the market value, that is, the price you will pay if you buy it currently. If the Zakaat is paid with gold, e.g. on 40 coins, then one coin should be…
There is much difference in the Sadqah Fitr amount here in the U.S.A.
Sadaqah Fitr is the price of about 2 kg flour. Ascertain the price of flour at your end and calculate the amount.
Can I give Zakaat to a person to pay his legal fees?
Zakaat is the right/haq of the poor. If the person who is in debt with legal fees was compelled to resort to court action, and if he is poor and qualifies for Zakaat, then Zakaat…
Someone gave me 1000 dollars to distribute as Zakaat.
You have to first give the money physically to the students who qualify as Zakaat recipients. After they have taken possession of the money, then you can ask them to pay the fees.…
Is it permissible for a man to give his own Zakaat to his ex-wife and family members?
A man may give his exwife Zakaat if she qualifies for it. However, it is advisable that he should give it to her via someone else. A person may not give his own Zakaat to…
Can I pay someone‟s debt with Zakaat?
Zakaat cannot be used to pay someone‟s debt. However, you may give him Zakaat, then ask him to pay the debt.
A person has a voluntary pension fund towards which he contributes.
He has to pay Zakaat annually on the amount of his savings in the fund even if the money is not immediately accessible. There is no Zakaat on the amount contributed by his…
A friend who was in need and who was entitled to accept Zakaat due to his poverty, asked for a loan.
Your Zakaat was discharged when your friend had accepted it. The best is to give the money as Sadqah to a poor Muslim . If you are in need, you may use the money for yourself.
I gave an amount as Zakaat.
Yes, the R3,000 may be deducted from your next year's Zakaat. However, if you were aware of the extra amount and gave it as Sadqah, then you may not change your intention to Zakaat…
The Sadqah Fitr amount in the country where I live is about $10 (US).
No! It will not be discharged. You have to pay the $10 Fitrah amount of your country even if you send it to the other country.
Is it permissible for one person to give his Sadqah Fitr to two poor persons?
While this is permissible, the best method is not to split one's Fitrah. One full amount should be given to one miskeen.
Is it permissible to give the Sadqah Fitr of several persons to one miskeen?
Yes, it is permissible.
Our organization wants to give Zakaat and Fitrah funds as loans to the poor.
The Zakaat and Fitrah obligations will not be discharged by means of loans to the poor. They have to be made the owners of the funds.
Can I pay Zakaat with the merchandise I am selling?
Zakaat may be paid with stock.
How much Zakaat should be paid on a krugerrand?
2.5% of the value of the kruger coin must be given as Zakaat. The price today of a kruger coin is R80,000. The Zakaat on one kruger rand is therefore R2,000.
Will Zakaat be discharged if given to Shiahs?
Zakaat will not be discharged if given to Shiahs. Sadqah too should not be given to them.
Is it permissible to give Zakaat to the Malawian immigrants who are being harshly expelled from the country?
Zakaat may be given to any Muslim who does not have the Nisaab amount. If you are reasonably satisfied that the refugee is a Muslim and is poor, then you may give him Zakaat.