Q: Is zakaat fardh upon the medication which the doctor administers to his patients or dispenses to them? A: Zakaat is fardh upon the medication which the doctor administers to his patients or dispenses to them. (أو نية التجارة) في العروض إما صريحا ولا بد من مقارنتها لعقد التجارة كما …

Q: If a person purchases raw material with the intention of manufacturing products to be sold, then will zakaat be fardh on such raw material? A: Since the raw material was purchased with the intention of manufacturing products to be sold, zakaat will be fardh. (أو نية التجارة) في العروض …

Q: What is the shar’iee ruling regarding a debt that is owed to a person who has no hope of receiving the money? A: If the debtor blankly denies owing the creditor and there is no way to retrieve the money, then zakaat will not be fardh upon the debt. …

Q: Will zakaat be discharged by offsetting a debt with the intention of zakaat? A: The zakaat will not be discharged by merely offsetting a debt with the intention of zakaat. However, if one wishes to discharge his zakaat through the debt owed to him, then he should give the …

Q: Is zakaat fardh on properties, flats, etc? A: Zakaat is not fardh on properties, etc. which are not purchased with the intention of resale. One will pay zakaat on the rent received. However, if the properties were purchased with the intention of resale, then zakaat will be fardh on …

Q: Is zakaat fardh on shares? If yes, then how will it be calculated? A: Zakaat is fardh on shares. However, it should be noted that Zakaat is not fardh on the entire share. Rather Zakaat is only fardh upon the Zakaatable assets of the company (i.e. the market value …

Q: I own a textile mill. I first import the yarn from which the material is manufactured. I supply certain companies material at the manufacturing cost plus ten percent profit. I also wholesale fabric at the wholesale price which is approximately my cost plus twenty percent. I am also a …

Q: Will zakaat be discharged by giving it to a poor child? A: If the child’s father is wealthy then the zakaat will not be discharged by giving it to him. However, if the child’s father is poor or the child is a poor orphan then through giving him the …

Q: A person purchased a car or house with the intention of resale. Since he does not have any other mode of transport or residence, he is using the purchased car or house till he finds a buyer. Will zakaat be fardh upon the house and car? A: In principle …

Q: What is the Shar’ee ruling regarding a person who did not discharge the zakaat of his jewellery, wealth and stock in trade for many years? How should he discharge the zakaat of the previous years? A: It is compulsory upon one to discharge the zakaat during the year the …