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 …
Read More »Recent Posts
July, 2011
-
20 July
Value of zakaatable goods
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 …
Read More » -
20 July
Giving Zakaat to a Poor Child
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 …
Read More » -
20 July
Zakaat on a house or car purchased for resale but in the person’s use
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 …
Read More » -
20 July
Discharging zakaat of the previous years
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 …
Read More »
-
The Great Knowledge of Hazrat Abdullah bin Abbaas (radhiyallahu ‘anhuma)
Hazrat Abdullah bin Abbaas (radhiyallahu ‘anhuma) says: After the demise of Rasulullah (sallallahu ‘alaihi wasallam), …
Read More » -
The Deep Love for Rasulullah (sallallahu ‘alaihi wasallam) and Madinah Munawwarah in the Heart of a Poor Child – The Orchards of Love – Part 102
-
Hazrat Mu’aaz’s (radhiyallahu ‘anhu) Practice of Reciting the Quraan Majeed in Tahajjud
-
Interesting Incident Regarding the Love for Rasulullah (sallallahu ‘alaihi wasallam) and the Importance of Fulfilling His Command in the Lives of Our Pious Predecessors – – The Orchards of Love – Part 101
-
Tafseer of Surah Burooj
-
Receiving Seventy Rewards
Hazrat Abdullah bin Amr bin Aas (radhiyallahu ‘anhuma) reported, “Whoever sends salutations upon Nabi (sallallahu ‘alaihi wasallam) once,...
Read More » -
Increase in Sustenance
-
The Reward of Fasting on the Day of Arafah
-
The Angel that Stands at the Blessed Grave of Hazrat Rasulullah (sallallahu ‘alaihi wasallam) to Convey the Durood of the Ummah
-
Reciting Durood when Entering the Musjid
-
Sunnats and Aadaab of the Home – Part 1
1. When entering the home, then enter the home with making salaam. This will be …
Read More » -
Sunnats and Aadaab when dealing with neighbours – 4
-
Sunnats and Aadaab when dealing with neighbours – 3
-
Sunnats and Aadaab when dealing with neighbours – 2
-
Sunnats and Aadaab when dealing with neighbours – 1
-
Hazrat Umar bin Khattaab (radhiyallahu ‘anhu)
Hazrat Umar (radhiyallahu ‘anhu) is the second khalifah of Islam and the greatest person of …
Read More » -
Hazrat Ali (radhiyallahu ‘anhu) – Part Forty-One – Being Sent by Rasulullah (sallallahu ‘alaihi wasallam) to Level the Graves, Destroy Idols and Erase Pictures
-
Rasulullah (sallallahu ‘alaihi wasallam) Approving of the Verdict of Hazrat Ali (radhiyallahu ‘anhu) – Part Forty
-
The True Ulamaa – Hazrat Ali (radhiyallahu ‘anhu) – Part Thirty Nine
-
Du‘aa for Assistance in Settling Debts – Hazrat Ali (radhiyallahu ‘anhu) – Part Thirty Eight
Ihyaaud Deen An Effort to Revive Deen in Totality