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. 

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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.

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ANSWER: It is prohibited to take interest based loan from a bank. The gold and silver kept with the bank as mortgage is still zakatable.

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ANSWER: No, this is not permissible.  Zakat must be given in cash to poor and needy Muslims and they will do whatever they want with it. 

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ANSWER: You must look at all the bank statements of these past years and must pay zakat for all these years if the savings reached or was above nisab and you must repent sincerely to Allah as zakat is one of the pillars of Islam and you cannot be so easy about not fulfilling this […]

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