ANSWER: Zakat must be given on paper money on the value of silver if you possess it for a whole lunar year!
Read moreANSWER: The zakat on gold is when it reaches 85 grams of 24 carat. The value of the cash money is measured through the value of silver which the minimum of it must be 595 grams of silver or more.
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Read moreANSWER: Your wearing or not wearing does not exclude it from the zakat. If you have gold above the threshold and one lunar year has passed over it then the gold is zakatable. If you gave your zakat on gold but forgot to include this one, you must give it now for the past two […]
Read moreANSWER: What he has said is totally wrong. The zakat in on all your savings, 2000 in this case.
Read moreANSWER: It is not permissible to give it on Gregorian months. You must give it on Hijra calendar.
Read moreANSWER: This is permissible, and zakat money must be given in cash.
Read moreANSWER: No, this is not permissible. The intention of zakat must be before giving it and not after.
Read moreANSWER: Zakat must be given to a poor or needy Muslim in the form of cash. If he is classified as such, you can give him from your zakat providing these loans are not interest based loans.
Read moreANSWER: You must not use zakat to pay off riba based loans.
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