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 gave the wealth to the poor person under the pretext of a gift or a loan, but had the intention of discharging his zakaat, the zakaat will …

    Read More »
  • 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 willfully 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 …

    Read More »
  • 20 July

    Zakaat on Life Insurance

    Q: Is zakaat fardh upon life insurance which matures after the death of the policy holder? A: Zakaat is not fardh 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 …

    Read More »
  • 20 July

    Zakaat on a person who cancels his 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 fardh on the item? A: Zakaat will not be fardh upon the item. However, zakaat will be fardh upon the money received after …

    Read More »
  • 20 July

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

    Q: Is zakaat compulsory on the payout received from an insurance company for the previous years? A: Zakaat is compulsory 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 …

    Read More »
Enable Notifications    Ok No thanks