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View By Subject 682 fatwas
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Zakat is not due on the value of the rented property
I have few investment property and have no mortgage on this property. I have rental income and paying zakat only on net saving of rental income. I could not find any Hadith ( only Fatwa ) to justify that what I am doing is correct. Meaning paying zakat on net rental income not on value of property. Can you please tell me is there any hadith on this.. More
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Zakat on money invested in a mutual fund for 10 years
I deposited200,000 Riyals in a Mutual fund 10 years ago. The amount has become now261,982 Riyals. What Zakat has to be paid now as nothing has been paid for the last 10 years.. More
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Feeding hungry Muslims is better than helping someone financially to perform Hajj
intend of giving Sadaka.Which is better sending a poor muslim broter to Hadj or feed hungry muslin children.If feeding hungry Children is more important what if i have already make niyat to send some one to hadj this year if i can afford it.. More
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Combining Zakatable lands with other items of Zakat
Assalam Aleikum, ALLAH alone will reward those who work hard in spreading the knowledge of knowing our obligations towards understanding Islamic rules. In Fatwa 81404 & 83761 discussing Wajibat in paying Zakaat for Lands, should someone always buy and sell lands, in one of the Fatwa it said that once the land complete haul (Lunar one Year) it is.. More
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Zakat on money invested in Mutual Funds
A salam Alaikum Wa Rahmatul Allah Wa Barakatuh. Your fatwa # 88050 does not answer the question about Mutual Funds. In America, Mutual Funds are financial tools people purchase similar to a degree to stocks and Bonds in the Banking industry. cash values can go up or down through time. Please give new fatwa. Thank you.. More
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Not paying Zakat on debts
I graduated form university about 2 years ago and I have about 6o,ooo dollars in college loans I'm paying the loan monthly with interest and I also have a house Morgage which I also pay interest on. Alhamdu le Allah I make a very good living and I was able to accumolate enough wealth to pay a good amount of zakah on it but when I did the calculations.. More
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Using Zakat money for Da’wah activities
Is it permissible to use zakat money for dawah activities in Australia where most of the zakat money goes overseas and there is a desperate need for funds for dawah activities which is not being adequately funded through donations?.. More
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Giving Zakat to somebody to buy a house
Assalamu Alaikum ! I am Kaleelurrahman From Tirupur, I pleased to clear my question about ZAKATH. My cusin brother is working in a company and get Rs.5000/- per month, but he should pay atleast 3000/- for his house rent.and balance 2000/- is not enough for run his family. Now he got 3 lacs from his family property,If Igive him 125000 more he can get.. More
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Zakah on the installments paid in a life insurance policy
Dear Scholar – Asslam alaikum, I have a life insurance policy in India, lately only I came to know that it is forbidden and until now I am paying the premium. Now my question is that should I every year pay zakah for whatever the premium I made until then, as it is like a saving Jazzakumullahu khairan .. More
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Wife taking from her husband’s wealth to pay Zakatul-Fitr
Can a woman take from her husband's wealth to pay Zakatul Fitr if he is not willing to pay it?.. More
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Investing the Zakat money for the benefit of an Islamic institution
assalamualykum: my ? is about zakaat.?recently an islamic institution collecting zakaat published the accounts on expenses made during the year.Among the expenses their were the purchase of spoons,forks,glasses,etc(saman) which the institution rent to members for wedding and other functions. my ? is whether it is permissible to purchase these items.. More
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Zakat on money assigned for performing Hajj
Assalamu Olaikum. I am from Bangladesh. I have following questions : 1. This year me, my wife & 8 years old daughter have planned to perform Hajj,Inshallah. For this purpose from my property worth about 10,00,000.00 I have to spend near about 7,00,000.00 taka (to give Hajj Agency). Remaining money is gold & inerest gained from Bank. How much.. More
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Zakat on mortgaged gold
Assalamu alaikum, I need a clarification regarding zakat on gold. My mother in law has pleadged (mortaged) gold and taken a loan on that gold. The repayment of the loan is for a period of 2 years. Does she have to pay zakat on the gold which is with the bank? jazak Allah... More
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Didn’t pay Zakah for two years
Assalamu Aliykum I have opened a business since 9 years ago, the profit of the businees didnot cover the salary of the employee nor the shop rent. I used to withdraw money from my salary to cover this. During all these years I have been withdrawing money from salary to give zakat. But the last 2 years I couldnot pay zakat because 1) I received a house.. More
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Zakat money lost while being transferred to recipients
my mother gave her jewelries zakat to my borther to take it over seas for the poors there, he lost his bag and that money, now dose she still have to pay zakat?? .. More
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