Ihyaaud Deen An Effort to Revive Deen in Totality
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 …
July, 2011
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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 …
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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 …
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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 …
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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 …
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2 July
Zakaat of a waived debt for the previous years
Q: If the creditor waives the debt of the debtor who purchased goods of trade from him, will the zakaat of the debt remain compulsory upon the creditor for the previous years? A: If the creditor waives the debt of a poor person, then since the poor person is a recipient of zakaat, …
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2 July
Zakaat on Rent owed to a Person
Q: Is zakaat fardh on rent owed to a person? A: Zakaat is fardh upon rent once it is received provided it reaches the nisaab and one year passes over it. Zakaat is not fardh on the past years. (و) اعلم أن الديون عند الإمام ثلاثة قوي ومتوسط وضعيف (فتجب) …
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2 July
Zakaat on Debts owed to a Person
Q: Is it necessary upon a person to discharge the zakaat of those monies (debts) which are owed to him? A: There are few types of debts: Dain-e-Qawi: That debt which is owed to one in exchange of goods sold or monies loaned. The law of this type is that …
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2 July
Zakaat on Redundant Stock
Q: Is zakaat fardh on redundant stock? A: If redundant stock refers to that stock which one is unable to sell quickly but is kept with the intention of resale, then zakaat is fardh on such goods. And if redundant stock refers to that stock which one no longer intends …
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2 July
Zakaat on Goods
Q: Is zakaat compulsory on goods? A: Zakaat is compulsory upon those goods which are purchased with the intention of resale and an entire lunar year passes upon it. (أو نية التجارة ) في العروض إما صريحا ولا بد من مقارنتها لعقد التجارة كما سيجيء أو دلالة بأن يشتري عينا …