Zakat

ANSWER: If you had the 300gms with you for a full lunar year, it is obligatory that you pay zakah on it by selling some of it. You can gift it to your children anytime, and they have full possession over it, which means that they are free to use it or sell it as […]

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?

Zakat

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

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