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84 fatwas

  • Zakat on Accumulated Money

    I'd like to ask a question since you helped me the last time. I've been keeping money from last year; each month I put part of my money aside and now a year later, I'd like to know If I have to pay the ZAKAH on the amount I have a year later or is there another calculation and is it still 2.5%? Who is eligible to receive the Zakat? .. More

    82016 8-5-2005

  • Zakat on used jewelry

    Is Zakaah money calculated on used jewelry as per new jewelry price of same quantity or as per the present market price of same used jewelry which is subject to paying Zakaah? .. More

    89848 26-4-2005

  • Zakat on money in banks

    Al-Zakaat for Al-Waseea'a at banks. How should it be? 2.5% can be calculated after Arbaah then paid from it? Or should al-Zakaat be paid from both, original amount and the benefits? .. More

    89755 13-4-2005

  • Zakah on women's jewelry

    With all respects I want to ask you some questions to increase my knowledge and to do what Allah wants me to do Insha Allah.My question is, is there any Zakah on gold jewelry? I have heard there is a school that says there is no Zakah on women's gold jewelry. I am so confused. Can one ask a Fatwa on the same topic from different scholars? Why there.. More

    82925 3-4-2005

  • Zakat on Ornaments

    I had a discussion with my cousin on Zakah for ornaments. He told me that we should give Zakah for ornaments if it exceeds Nisaab. But I told him that there is no Zakah for using ornaments and we have to give Zakah for ornaments that we are keeping more than Nisaab in our shelves. I want to know who is right and if anybody is right kindly give me the.. More

    83665 3-4-2005

  • Paying Zakat on gold jewelry given as a wedding gift 6 years ago

    One of my students asked me the following question: Whether she has to pay Zakaat for the gold she received six years ago as a Mahr (wedding-gift). At first she was told that the gold is just to make herself pretty for her husband and women in her family. Result is that she did not pay Zakaat over the gold for these six years. Does she have to pay.. More

    89690 3-4-2005

  • Zakat on a long dormant bank account

    I have some money in a bank another country, and I had been paying Zakaat on the money while I was there, when it reached the Nisaab. Several years ago, I left that country, and had no further access to the account. By that country's rule an account becomes dormant after 12 months of lack of activity. I heard two different opinions about Zakaat.. More

    89600 17-3-2005

  • Zakat on savings

    I am saving currency in Islamic bank. The yearly profits do not exceed 1.5% which is less than Zakaat value. I have no experience to invest the money in other activity. What should I do in this case?.. More

    89308 10-2-2005

  • Zakat on jewelry gifted to a daughter by her mother

    Mother has jewelry equivalent amount of 'Nisaab' and she used to pay Zakaat regularly. Now she has gifted some of her jewelry permanently to her own daughter (who has reached menstruation recently). At the moment mother's jewelry become less than the 'Nisaab'. Henceforth will the mother needed to pay the Zakaat as the jewelry is gifted to.. More

    89103 30-12-2004

  • Zakat on gold jewelry

    According to most opinions we have to give Zakaat of gold only if it exceeds 85 grams. But there is one Hadeeth in which Prophet, sallallaahu alayhi wa sallam, where he told Fatima, may Allaah be pleased with her, that she has to give Zakaat on the one bangle which she wore otherwise her hand will be in Hell. Which opinion is correct?.. More

    89106 28-12-2004

  • Zakat on gold

    I live in USA and I have some gold worth of $15000. They are with me for 15 months and I am newly married. Note that I am a student and my husband is also a student. Until now my husband paid my tuition and his. Now he ran out his money and he doesn't have any job. He has $800 in his account. From now on our parents will help us or help.. More

    89060 21-12-2004

  • Paying Zakah on Gold

    How to pay Zakah on gold? .. More

    81332 25-11-2004

  • Paying Zakat

    I am from India and my annual income is Rupees 200000 from which I had purchased gold which is around 120 grams. I want to know how much will be the Zakaah. Will it be calculated on both gold and my income of 200000 or on just 200000 Rupees, or 200000 less the amount of gold separately, and the 120 grams gold separately. Please let me.. More

    88895 17-11-2004

  • Zakat on money held to pay contractor

    I live in USA, and last year I bought a piece of land overseas in Morocco. I hired a contractor builder to build me a house. The total amount the contractor asked for is $12000. We agreed that I will be giving him around $1000 every month. He said that the house will be ready in about 4 months. I have been sending the money to my father-in-law so.. More

    88815 27-10-2004

  • Calculating Zakah on bank certificate with a compound interest rate

    I have bought a certificate from a bank in Egypt since January 1998 with total amount of 50,000 Egyptian pounds. It has 12.5% compound annual interest rate. It reaches now to about 100,000 Egyptian pounds. I want to figure out how much money as Zakah should I pay right now (i.e. after 6.5 years from the buying date) and do not forget it has.. More

    88340 22-7-2004

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