Zakat

I had invested 8000 dhs in a company that paid me profit for a year. For the past one year I havent received any returns and the company came out to be a ponzi company that operated on bitcoin and the owner is in police custody with no guarantee of any returns. They havent paid any of the investors. Do i have to calculate zakat on this 8000 dhs. Kindly reply.

Zakat

26 May

ANSWER: There is no zakat on it as it is lost, until you get it back.

We live in america. A known organization collects zakatul fitr money online for food then to be given to those who need it. my question is it valid if I give the money online before the 27th, 28th of ramadan, or should the money itself used to buy the food be given online after the 27th, 28 of ramadan be valid?

Zakat

25 May

ANSWER: If you trust this organization that they would give staple food to the poor then no problem in giving it to them before 27th, but it must be instructed to them to give it after 27th and before your eid salah.

Zakat related: My husband will not allow to sell jewelry even if it’s from my parents.I have to go without his permission to do this.Is this allowed?

Zakat

25 May

ANSWER: This is your gold and you don’t need his permission to sell it.

Should zakat be calculated on selling price or on buying price? Like here if i buy gold the price will be 50k per vori, but if i have to sell it will be counted as 40000 tk per vori. Incase of selling they always deduct 20%. This is followed countrywide.

Zakat

23 May

ANSWER: Zakat should be given on the selling price which they will give it to you when the shop buys it from you.

How much should I pay zakat?

Zakat

19 May

ANSWER: If you have 85 grams of gold or above for a lunar year, you must give zakat on that. If you have 595 grams of silver or more for a lunar year,you must give zakat on that. If you have cash money that is equivalent to 595 grams of silver or more, you must […]

My question is regarding zakat. One of my aunt took a loan from the bank around 12 years back for her daughter’s wedding and she’s not able to pay the loan and it’s a huge amount she has to pay and because of the interest it’s added up.They have daughters but no sons and her husband doesn’t earn that good. My question to you is if I can give zakat to them.

Zakat

13 May

ANSWER: It is not permissible to give zakah to pay off interest based loans.

I recieved inheritance in 2015, i paid zakat on that, i invested that in builing houses for selling, i paid zakat in 2016/17 also, but in 2018 i didnt had any cash-as all my money was invested in houses, do i need to pay zakat for last 2 years or should i pay this year only. explain in detail.

Zakat

09 May

ANSWER: Yes, as this investment is intended to sell and make profit, you must pay the zakat of these past two years by estimating how much the property was worth in the 1st year and then in the 2nd year and then you pay zakat accordingly.

Can zakat be paid irrespective of Muslims or Non-Muslims to an organisation or orphanage dealing with mentally and physically disable children and people.

Zakat

05 May

ANSWER: This is not permissible. Zakat must be given in the form of cash to the poor and needy Muslims to do with as they please.

Can we give zakat money to dawa centres, if not why dawa Centre people asking for zakat. They had Islamic knowledge still why they saying zakats are taken

Zakat

28 Apr

ANSWER: I believe that this is not one of the 8 categories of zakat.

I want to know if I can pay zakat to my mother in law for her expenses, my husband does not have savings to take care of any major expense of his mother. Her elder son too cannot pay for her and I am not sure if he can afford or not. I work and can pay but can it be considered as zakat, she is my maternal aunt also. Please advise.

Zakat

25 Apr

ANSWER: No problem in giving your zakat to her if she’s classified as poor or needy but if she’s not poor or needy then this is not permissible.

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