Questions tagged [zakat]
Zakāt (Arabic: زكاة [zæˈkæː], "that which purifies" or "alms"), is the giving of a fixed portion of one's wealth to charity, generally to the poor and needy. It is one of the Five Pillars of Islam.
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Is the money in a minor's s saving account part of his wealth and therefore counted in his nisab?
My parents have put money in a child's saving account for me, but obviously I don't have access to yet until I turn 18 years old. So should I count it among my wealth. I'm worried about this since if ...
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Should zakath payable for investing money in an islamic bank?
I have invested a specific amount in an Islamic bank. They will share with me a percentage of profit or loss every month. The profit will change every month. I can't access the capital amount. Should ...
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Who do I owe my zakat to?
I’m obliged to pay zakat this year as I am now earning.
I had decided to give the money to someone who took care of my mother before she passed and now this person is seriously ill and is in hospital ...
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My father paying my zakat
Is it allowed for my father to pay my zakat for me?
I calculated my zakat for this year, and when I recently visited, I asked him to give the money to my mother to donate (she knows some charities ...
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Zakah Calculation on Salary
I'm seeking guidance on calculating the obligatory Zakah due on my assets. I'm currently residing in Dubai, and my bank account holds 90k AED. However, this amount has fluctuated over the past year; ...
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Zakat to sister
Salam, i need advice. I have a sister who has 5 kids, 3 girls, and 2 boys all very young. They are all good in their studies. They live in Pakistan. The husband works abroad, but he doesn't send my ...
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Ruling of Zakat on bank balance
Is Zakat payable on the minimum bank balance within the year or the bank balance available on the day of Zakat?
Kindly guide
Jazak Allah
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Is Zakat paid once or repeatedly?
If someone has $20,000 left in saving account in year 2022 (after they pay zakat for it), and in year 2023 they are able to save another $5000, should the zakat be given as 2.5% of the $5000 or 2.5% ...
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What amount of zakat my family has to pay for our condition?
My family Has taken a buy now pay later.
We have full amount to pay back but because of dynamic currency exchange rate we are waiting for right moment to pay back.
Also we have a loan form a friend we ...
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Zakat and Interest Free Forex Trading
I have two questions.
1- I have deposited a certain amount with a developer in a European country to get the immigration as per the laws of that European country. The rule is that the money will stay ...
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Receiving Zakat, more than needed
Now in times of the internet, some poor and needy have a bigger voice than others, and in some cases with a sad story behind, sometimes they are given much more money than they actually need, while ...
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Who is eligible to receive Zakat. If a man is working is he eligible to receive Zakat Zakat
I have a paternal aunt who has two sons both are married and working. One son is a driver. He has Four children all studying. His earnings is falling short to fulfill his families need. Is he eligible ...
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Paying zakat on stocks but has no income
Assalamualaikum
I have a question regarding giving zakat on stocks. There is a person having some shares in stock since last 3 years and the value of those is around $955 from long time investment and ...
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Urgent: Missed Zakat for many years (over 20 years) how to make up for it?
Salam Alaikum,
I have been on the wrong path for a long time and Al Hamdulillah recently came back to Islam and been doing my best to follow.
One pillar I didn’t follow yet is Zakat, I started doing ...
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Zakat on salary not received
I work in a foreign country and receive salary by cheque. For the past 10 months I am in my home country and haven't received salary as there are some visa issues. So once visa issue is solved, I will ...
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