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Category: Zakat

Zakat

Zakat on shares

21 Dec 20202 Jan 2021by Mufti Hussain Syed ibn Imamuddin
Zakat on shares

Question:

A person who buys a share at a low price with the intention to sell at higher price in the future. In this situation does zakat become obligatory on the value of the share or on the profit gained?

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Zakat

Ruling of Zakat on Haram money

23 May 202013 Jun 2020by Mufti Hussain Syed ibn Imamuddin
Ruling of Zakat on Haram money

Question:

Is zakat payable on halal and haram income mixed? If so, how do you determine between the two?

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Zakat

Zakat on land

12 May 202030 May 2020by Mufti Hussain Syed ibn Imamuddin
Zakat on land

Question:

Will zakat be obligatory upon purchase of land?

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Zakat

Zakat on business stock

11 May 202021 Dec 2020by Mufti Hussain Syed ibn Imamuddin
Zakat on business stock

Question:

If one has a small business to make a living but does not have enough cash, does he have to pay zakat from the business stock?

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Zakat

Is there zakat on the deposit due for purchase of a house?

7 May 202030 May 2020by Mufti Hussain Syed ibn Imamuddin
Is there zakat on the deposit due for purchase of a house?

Question:

One has made an agreement to purchase a house, also ready to pay deposit, but due to Covid19 the process is still on hold and payment of deposit yet to be made. He intends to spend this money on deposit, does he have to pay zakat on this?

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Zakat

Zakat on stock from supplier

4 May 202012 May 2020by Mufti Hussain Syed ibn Imamuddin
Zakat on stock from supplier

Question:

If someone has taken a lot of stock from his supplier but hasn’t paid for it. He sells as much of the stock as he can and gives back the rest to the supplier. And then pays for the stock that he managed to sell. What is zakaatable in this scenario?

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Zakat

Ruling on giving zakat to someone who has belongings but no cash

27 Apr 202011 May 2020by Mufti Hussain Syed ibn Imamuddin
Ruling on giving zakat to someone who has belongings but no cash

Question:

If one overspends on extra things, for example brand new phone, laptop, car etc. (Not gold silver). As a result of which they don’t have enough money now, neither gold or silver. Would they be eligible to recieve Zakaah?

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Zakat

Ruling on Giving Zakat to Syeds

20 May 201930 Apr 2020by Mufti Hussain Syed ibn ImamuddinLeave a Comment on Ruling on Giving Zakat to Syeds
Ruling on Giving Zakat to Syeds

Question

Can we give Zakat and Sadaqatul Fitr to Syeds?

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Zakat

Giving zakat to a woman whose husband is rich

10 Feb 201924 Apr 2019by Mufti Hussain Syed ibn Imamuddin
Giving zakat to a woman whose husband is rich

Question

Can I give zakat to a poor Muslim woman, whose husband is rich, but does not provide her with any more than what is necessary?

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Zakat

Building a house with zakat money

10 Feb 201924 Apr 2019by Mufti Hussain Syed ibn Imamuddin
Building a house with zakat money

Question

Can we build a house for a needy Muslim using zakat money?

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Recent Posts

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