Recent Posts

July, 2011

  • 20 July

    Zakaat given under the Pretext of a Gift or a Loan

    Q: Will the zakaat be fulfilled if it is given under the pretext of a gift or a loan? A: If the person discharging the zakaat has the intention of zakaat at the time he gifted the wealth or loaned it to the poor person, the zakaat will be discharged. …

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  • 20 July

    Zakaat on the Payout received from a Provident-fund, Pension-fund or Retirement-fund

    Q: Is zakaat waajib on the payout received from a provident-fund, pension-fund or retirement-fund? A: If the employee wilfully invests his money in the fund or commanded the company to invest it on his behalf or consented to the investment, then in all these situations zakaat will be waajib on …

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  • 20 July

    Zakaat on Life Insurance

    Q: Is zakaat waajib upon life insurance which matures after the death of the policy holder? A: Zakaat is not waajib upon wealth received from the insurance company after the demise of the policy holder. However, if the wealth was received during his lifetime, then he is obligated to pay …

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  • 20 July

    Cancelling one’s Intention of Resale

    Q: A person purchased an item for resale purposes but thereafter cancelled his intention. After some time, he decided to once again sell the item. Will zakaat be waajib on the item? A: Zakaat will not be waajib upon the item. However, zakaat will be waajib upon the money received …

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  • 20 July

    Zakaat on the Payout Received from an Insurance Company for the Previous Years

    Q: Is zakaat waajib on the payout received from an insurance company for the previous years? A: Zakaat is waajib on the payout received from the insurance company for the previous years. However, it should be known that it is only permissible for one to take back the amount he …

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