Zakat

QUESTION: If I am making a building in my land which will have 18 flats In Sha Allah with the intention of selling them do I have to pay zakat?if yes then what is the procedure?

19 Mar

ANSWER: Such property is an investment and must be evaluated every year as it is and zakat is given on such an estimate until it is sold.

QUESTION: I have a question regarding Zakat that I was hoping you could help me with. I currently have 300gm of gold, which is above the nisab. I was wondering if it is possible for me to distribute or gift this gold to my children who are aged 5, 11, and 17

Zakat

18 Mar

ANSWER: It’s your choice, but if you gift them then it must be for real and not to get away from paying zakat! It would belong to them and not you anymore.

QUESTION: Two years ago I lent my mom some money(which is above Nisab amount), with the idea that she would pay it back when she was able to. But I forgot that when paying zakat over the last two years that she had that money and didn’t ask if she had it before paying my zakat, should I pay zakat for those two years automatically? And should I ask her before I pay my zakat in the future?

Zakat

28 Feb

ANSWER: Yes, you should pay the zakat for the past 2 years. From now on, every year before your zakat time, ask her if she can pay it back or not and if she declines, you don’t need to pay zakat for it as she is unable to.

QUESTION: Sheik, can zakat be used for donating to relief efforts of recent Turkish earthquake victims

Zakat

08 Feb

ANSWER: Yes, in Sha Allah.

QUESTION: I have around 62 gram gold dont know weather it is 21 18 or 22. jeweler is not telling conform, he says i wil burn it then can tell u conform. What should i do ? Is there any zakat on 62 gram gold or not ?

Zakat

28 Dec

ANSWER: No, there’s no zakat on 62 gms of gold. Zakat is on 85 gms and above of gold. However, if you have cash that’s above nisab, you must include your gold, whether 62 gms or even less.

QUESTION: Sheikh. I have cash that is Alhamdulillah above the Nisab. I also have 25 grams of gold (which is below the Nisab). Must I combine the dollar value of both and pay Zakat for everything or only pay Zakat on the cash I have? Basically, do we pay Zakat on the total value of all our Zakatable assets or do we pay Zakat on only assets above the Nisab?

Zakat

16 Dec

ANSWER: You must add the gold to the cash and give zakat on both.

QUESTION: I got gold around 30tola(more than 300grams) and I find it difficult to give zakat. Can I distribute the zakat between my two daughters( 4-5yrs) each one getting (6tola which is approx70 grams) ..So now zakat is reduced to 18 tola…

Zakat

17 Oct

ANSWER: You can gift your daughters equally if you want, however that gold would belong to them in reality and you will not be it’s owner. They must possess it and have full control over it even if they want to sell it! Otherwise you are trying to trick Allah to avoid paying zakat

QUESTION: My husband took a loan through a bank and invested it with a property dealer (bought plots to sell later). Loan instalment is paid monthly and it’s a four years long procedure. Now it’s been more than a year that we have invested that money. Do we have to pay zakat on that investment and if yes then how to do the calculation as we are still paying the instalments?

Loans, Riba, Zakat

01 Oct

ANSWER: If this property is bought with purpose of selling it after developing it, you must estimate the current value and give zakat on it. But if it was bought to rent it out or to live in it and not to sell it, there is no zakat on it. If the loan is interest […]

Sheikh my maternal grandmother had gold enough for zakat but didn’t had money. The times did not change either and then she left us. Now her gold has been distributed among her children, my mother wants to know if she can give zakat of that gold which her mother had?

Zakat

22 Aug

ANSWER: The first thing to be taken from the wealth of the deceased is the cost of his funeral. After that, we must calculate and give out all his debts whether to people or to others. Zakat is a debt upon him to Allah and it must be calculated and given out before distributing his […]

Can the zakat distribution personnel be paid wages?

Zakat

13 Aug

ANSWER: This is permissible if they are working for an institution or the government but these wages are not paid from the zakat itself except when given out by the muslim ruler only.

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