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by admin
Thu Feb 04, 2021 2:18 pm
Forum: Zakah
Topic: Is there any Zakat on Diamonds?
Replies: 0
Views: 296
 
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Is there any Zakat on Diamonds?

Answer: There is no Zakah on diamonds that are for beautification and wearing. But, if the diamonds are used for business (i.e. buying and selling), and the money is saved for more than one year and the value reaches the Nisab, then Zakah must be paid on them.. The same applies to pearls. Allah know...
by admin
Thu Feb 04, 2021 2:18 pm
Forum: Zakah
Topic: Do I have to pay Zakah on 401k money?
Replies: 0
Views: 345
 
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Do I have to pay Zakah on 401k money?

Question #13-29 Do I have to pay Zakah on 401k money? 401K is a company-sponsored benefit allows employees to invest money from their paychecks into an investment vehicle on a pre-tax basis, meaning no taxes will be charged for investing until the employee decides to make a withdrawal from his or he...
by admin
Thu Feb 04, 2021 2:17 pm
Forum: Zakah
Topic: Is Zakatul-Fitr obligatory or just recommended?
Replies: 0
Views: 319
 
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Is Zakatul-Fitr obligatory or just recommended?

Answer: In the Name of Allah the Most Merciful and Kind, Zakatul-Fitr is obligatory upon the Muslims, because Prophet (p.b.u.h.) made it obligatory upon the male, the female, the child and the adult. It must be given at the end of Ramadan (before the Eid prayer and it should be delayed for later) as...
by admin
Thu Feb 04, 2021 2:17 pm
Forum: Zakah
Topic: Can we use the money of Az-Zakat for repairs or maintenance of a Masjid?
Replies: 0
Views: 345
 
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Can we use the money of Az-Zakat for repairs or maintenance of a Masjid?

Answer: In the Name of Allah, The All-Merciful Allah-suppon-wa-at-Allah mentions in Surah At-Tawbah (9:60) that the Az-Zakah is only eight categories (of people) – “the needy and the indigent, and for those who are employed to collect them and for those whose hearts are to be won over and for the ra...
by admin
Thu Feb 04, 2021 2:16 pm
Forum: Zakah
Topic: Do we have to pay the Zakah in the country where we live or do we have to send it to our country for our family to pay i
Replies: 0
Views: 337
 
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Do we have to pay the Zakah in the country where we live or do we have to send it to our country for our family to pay i

Answer:
In The Name of Allah, The Most Merciful and Most Kind,

The person should pay it wherever it would be more beneficial for the people who are recipients of As-Zakah. If it would be equally beneficial, then he should give it in the land where he is in.

Allah knows best
Sheikh Mostafa
by admin
Thu Feb 04, 2021 2:14 pm
Forum: Zakah
Topic: The gold price is $30/gm in the market but when selling your gold they will give you only $22-$24/gm
Replies: 0
Views: 313
 
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The gold price is $30/gm in the market but when selling your gold they will give you only $22-$24/gm

Question #13-24: The gold price is $30/gm in the market but when selling your gold they will give you only $22-$24/gm. So, when calculating the Zakah, Do we base the price of the gold on the market value or do we base it in the price that the gold is being purchased ($22 - $24/grm? Answer: “Alhamdul...
by admin
Thu Feb 04, 2021 2:13 pm
Forum: Zakah
Topic: Do you pay Zakaah on jewelry you wear every day?
Replies: 0
Views: 318
 
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Do you pay Zakaah on jewelry you wear every day?

Answer:
You pay zakaah on jewelry made of gold or silver you own if it reaches the nisab (about 87g.) is owned for more than a year. This must be paid every year.

Allah knows best.

Sheikh Mostafa
by admin
Thu Feb 04, 2021 2:12 pm
Forum: Zakah
Topic: Do we pay zakat on gifts money or saved for Hajj?
Replies: 0
Views: 355
 
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Do we pay zakat on gifts money or saved for Hajj?

Assalamu Alaykum One elderly person saves $4000 and she does not have any income . Her savings come from gifts from her family members. Does she have to pay zakah on that money? What about if someone is saving money to go to Hajj, does that person have to pay zakah on that savings? Answer: In the Na...

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