Zakat

ANSWER: Zakat is what Allah obligated upon those who have wealth that exceed the threshold. This has nothing to do with how much taxes you are paying.

QUESTION: If a person is unable to do job or business or can’t invest money in business because of widespread fraudulence and non-justice because of living in a country where sharia law is not enforced, does he have to pay zakat if he has nisab amount of money for over a year? Because in that case in future he may have to beg to pe

Zakat

29 Nov

ANSWER: Yes, he must pay the zakat if it reaches or is more than the nisab. He must get his back up from the couch and work in halal, even if it’s a janitor’s job and earn instead of putting such mental blocks and hurdles in his life!

QUESTION: If I have 20g gold and some cash and few gram of silver, then do I have to combine all 3 in cash and then nisab will be that of silver and if I just have gold and cash then also do the nisab will be that of Silver?

Zakat

05 Oct

ANSWER: You can combine gold with cash or silver with cash but not gold with silver.

QUESTION: In Bangladesh, owners of flats take a security deposit money from tenants which is returned to the tenants when they vacate the flat? Are the owners of flats supposed to pay zakah on this security deposit money?

Zakat

21 Sep

ANSWER: This money belongs to the tenants and they are obliged to give zakat on it.

QUESTION: Till 7 years my husband gave the zakath as i don’t work and he himself opted to do so . Also once when he was unable to pay it i sold some jewelry and paid the zakath. Now last year i gave most of my jewelry back to my parents saying i don’t need it and i want to return it back . When he learned about this he said either give me the zakath amount of all those years or the gold .

Kind Treatment of Spouses, Zakat

11 Jul

ANSWER: He has no right in asking for such a thing as he paid it as a gift and not as a loan. The prophet salla Allahu alaihi wa sallam said: the one who goes back on his gift is like a dog that vomits and then eats back its own vomit!

QUESTION: If one is not savings neither at the end of every month and same by the end of year but living good life Alhamdulillah. is Zakat 2.5% still due on that person. Note: Doesn’t hold or inherited any property or wealth.

Zakat

13 May

ANSWER: If he doesn’t have cash above nisab that’s with him for a whole hijri year nor he has gold (85gms or more) nor silver (595 gms or more) then there is no zakat on him. There is a big difference of monetary value between the nisab amount of gold and nisab amount of silver […]

QUESTION: Sheikh my parents bought gold jewellery for my sister to give her as a gift on her wedding so do we have to give zakat for those jewelry because here some people said that you don’t have to give zakat for gift because this is not your you will not use it. Is it true Sheikh?

Zakat

19 Apr

ANSWER: As long as its above nisab and in your mother’s possession for over a hijri year, she must pay zakat on it every year, until she actually, physically gives that as a gift to her daughter.

More..