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84 fatwas

  • Nisab of Gold and Silver Differ in Value: Which One to Opt For

    السلام عليكم ورحمة الله وبركاتهI live in the Netherlands which is a wealthy country. The nisab of gold is around 4220 euro and the nisab of silver is around 261 euro (zakaat.eu). Which one should we use? Because in the Netherlands you are not considered rich if you have €261. So should we use the nisab of silver or the nisab.. More

  • Zakat on Ornaments Intended for Personal Use

    Assalamu alaykum Before this year I was following the opinion that Zakat must be paid on gold and silver jewellery. Now I follow the other opinion. Recently I have come to know I own silver jewellery which I had forgotten about in previous years when I was doing my calculations for zakat. My question is, now that I follow the opinion there is no zakat.. More

  • Permissible Ways of Disposing of the Wealth

    Aoa, i have around 300grams of gold which i dont wear at all and have to give zakaat every year. I have three children. If i give each child 70 grams which will be a total of 210 grams and keep 70 grams for myself, selling the rest, do I still have to give zakaat on the gold i have given my children? I understand that everything depends on the persons.. More

  • Zakah Due on Cash, Gold and Silver

    Assalamalaikum I have 64gram of 9ct 18ct and silver . And cash in bank. Do i add the value of the gold and silver to my cash and pay zakat on total Jazakallahu kheiran .. More

  • Zakat on Retirement Bonus Money

    Assalamualaikum, my father retired from his post 4 months? before and he received bonus amount after retirement so is zakat obligatory on him or not? my second question is can my wife give zakat to my brothers for completing education in Universities if my father has money ( retirement bonus) or not? .. More

  • Not having cash to pay zakaah on gold and loan

    Assalaamu alaykum. Thank you very much in advance. I have lost my job, and May 2017 is my last working month. I have been paying zakah during Ramadan each year without fail. In Ramadan 2017, as I lost my job, I do not have any cash in my hand or in my bank account to pay zakah in Ramadhan 2017. What is the solution for postponing the zakah to next year.. More

  • Paying zakaah on stolen gold

    Assalaamu alaykum. I was living within a joint family system. My in-laws, especially my mother-in-law has treated me the worse. I would like to inform you that my father has given me 465.2 grams of gold, and my husband gave me gold weighing 69.78 grams total of 534.98 grams. I kept my gold locked in my luggage bag. I saw my late mother three days in.. More

  • Paying zakah on funds contributed to retirement pension plan

    1) Our company is providing its employees with a retirement pension plan scheme. This is a optional benefit, i.e. if an employee wants to join, then he can opt for it. An employee can contribute monthly from 3% to maximum 20% of his basic salary in the plan, and the company will match the employees share from its side, but up to a maximum of 6%. The.. More

  • Paying zakah on gold for past years

    Assalaamu alaykum. I want to pay zakah on my gold because I just learned that it is a major sin to not do so. My husband, however, does not allow me to give it because his salary is too low to pay it. and he does not allow me to sell the gold for zakah. Can I sell my gold without his knowledge? All the gold is still with me. Please advise, I want to.. More

  • Paying zakah for past years - Borrowing to pay zakah

    Assalaamu alaykum wa rahmatullaahi wa barakaatuh. If one has not paid zakah in the past and must make up for all of them, is it possible for him to pay the old zakah based on the current amount of money in his possession? For example, the person has x amount of money and he multiplies the figure for the total of zakahs that he has to pay. Can one do.. More

  • An amount of money equal to nisaab should be possessed for a whole lunar year

    Assalaamu alaykum. I got PKRs.950,000 in May 2014 to buy a residential plot. I spent some of it, and after one year I was left with PKRs.500,000. During this one year period, I also got PKRs.2,500,000 from other sources and finaly bought a plot for PKRs.3,400,000 in June 2015. As I bought the plot after one year, I started arranging money. Now I want.. More

  • Paying overdue zakah on silver hoarded by mother

    We found out that we own seven kgs of silver that were given as a gift by guestsduring our wedding. The silver was never in our possession but remained in my wife's mother's custody for the last 30 years. We were given it after her death. Is silver subject to zakah, and if so, then how should it be calculated? .. More

  • Zakah not obligatory for gold kept as jewelry

    Salam I am so confused about paying zakat on personal use gold I have been told so many different opinion about not having to pay it on personal use gold but now I have started to pay zakat just to be safe. I have been told I have to pay all the years that have past even though I was unaware of it how is that fair if you did not have the knowledge how.. More

  • Ruling on selling gem-studded gold jewelry

    My question is regarding the zakat on gold ornaments. I am aware of its calculations etc but I want to clarify whether zakat is due on stone ornaments - both on ornaments that have precious stones like pearls, diamonds, coral etc or on imitation stones like the American diamond, imitation pearls etc. When we go to the jeweller to sell our old ornaments.. More

  • Paying Zakah on rented gold

    I have handed over a certain quantity of gold to a jeweller friend who in turn pays me rental value of my gold stock price of a masha (less than a gram) against one tola (12 grams) on monthly basis. The amount earned from there is being spent on my children education. Is zakat due on earned amount or to be paid on complete gold deposit. .. More