Must Zakaat be paid on the gold wealth of a minor?
Zakaat is not payable on the wealth of a minor (naa baaligh).
Category
Zakaat
251 answers. Every one links back to its page or issue on themajlis.co.za.
Is Zakaat payable on silver coins?
Zakaat is payable on silver coins. Pay Zakaat on the current silver price of the weight of the coins.
The estate of my deceased father has not been wound up for several years.
Zakaat is not payable for the period that the estate has not been wound up. However, the executor is committing a major sin for delaying the winding up of the estate. He is
Do I have to pay Zakaat on the money I have loaned to people?
Zakaat on outstanding loans become due on only the amount received. If the loan is repaid after a couple of years, then Zakaat for the past years also has to be paid. The best…
Is Zakaat paid on the weight of silver/gold coins or on the market value?
If the Zakaat on silver/ gold coins is being paid with coins of the same kind, then the weight will be considered. Example: one has 40 X 1 ounce silver coins. Zakaat of one coin…
I pay my Zakaat during Ramdhaan.
Yes, you have to pay Zakaat on the gold coins. Since you are the owner of the Zakaat Nisaab amount and paying Zakaat during Ramadhaan, you have to pay Zakaat on the gold coins even…
A person has R12,000 cash which is less than the Zakaat Nisaab amount.
He may not accept Zakaat even if he does not have the Nisaab. He is not a Faqeer. Zakaat is actually meant for the really poor and people in distress.
Is it permissible to give a poor student Zakaat for university education?
Zakaat, in fact, even haraam interest, may not be given to a person who will use it for secular education at an ‗educational' brothel (university).
Is Zakaat payable on gold jewellery which a woman uses?
According to the Hanafi Math-hab which we follow, Zakaat is payable on the gold jewellery of a woman even if for personal use. According to the Shaafi' Math-hab, Zakaat will not be…
The estate of the deceased has not been finalized even after five years.
As long as the assets have not been distributed to the heirs, there is no Zakaat payable. When the heirs receive their respective shares, then only are they liable to pay Zakaat.
Is it permissible for maternal/paternal grandparents to give their Zakaat to their grandchildren?
It is not permissible for maternal/paternal grandparents to give their Zakaat to their grandchildren. The Zakaat will not be discharged.
Do I have to pay Zakaat on my pension fund?
If the policy was compulsory, then Zakaat is not payable at all. Only when the money comes into one's possession will it become Zakaatable. If the policy was voluntary, not…
Can the bank fee for a Zakaat deposit be paid from the Zakaat?
Pay the bank charges with your own money, not with Zakaat funds.
Some organizations pay their Zakaat collectors 20% commission from Zakaat funds.
It is haraam. It is not permissible to give a Zakaat collector any commission from the Zakaat funds. These organizations are abusing and misappropriating Zakaat funds.
How should Zakaat be calculated on the Amaanat company shares?
Company shares are not Zakaat taxable assets. The same applies to the haraam shares of the haraam Amaanat company. The shares are not Zakaat taxable assets.
Explain when does a person become liable for paying Zakaat.
Zakaat becomes due 12 months from the day one has the Zakaat Nisaab amount. Currently the Nisaab is about R27,000. Say for example, you had this amount or more on 25th Ramadhaan of…
Is Zakaat payable on income/earnings?
Zakaat is not paid on income. Zakaat is paid on the actual cash one has on the day when one calculates one‟s Zakaat.
Is it permissible for me to give my Zakaat to my poor father-in-law?
Yes, you may give Zakaat to your poor needy father-inlaw and his family.
If I pay my wife‟s Zakaat with my own money and with her consent, can I give it to her poor father who is struggling?
It is not permissible to pay your wife‟s Zakaat to her parents. She may give her Zakaat to her brother, uncle, sister and aunt. She may not give her Zakaat to her grandmother.
Years have lapsed without the estate of a deceased being finalized.
procrastination in winding up the estate of the deceased is a major sin. Zakaat is not payable on the assets of the deceased as long as the heirs have not acquired physical…