Some Zakaat related Questions

Submitted by admin on Tue, 2012-09-04 08:28

Have a sum of money in a Credit Union (CTCL) as savings eg $15,000.00 and receiving divident annually?
Have a saved sum of $10,000.00 in an insurance company for a term of 5 years. After completion of five years will receive $10,000.00 plus bonus for 5 years?
Have a sum of money in FNPF (compulsory savings from governments salary for the job we do) and the governments adds some amount to it annually may be as interest/divident or bonus.
Have a house from which we receive rent as income,which we use to pay the rent of the house we staying in.
Could zakaat money be given to a person who is on a home loan for the house he is living in.He makes the payment of loan from his salary and also from the rent he receives from a flat attached to his house.
Could zakaat money be given to a muslim person who married a converted muslim for the payment of the home loan in which they live, as both of them do not follow the muslim culture anymore.
Is it right (Halaal) or not. I am paying insurance for my ownself from my salary so that if I die due to some reason the sum insured could be given to my kids or life partner so that they do not find difficult financially for some time.Or if I have an accident the money could be given to me so that I can meet my own living expenses when I cannot earn anymore.

If the dividends (profits) are fixed in proportion to the investment e.g. 10% of the capital investment, it will be impermissible. Similarly, if the investment is of an impermissible nature in Shariah then the dividends (profits) will be impermissible.
Insurance is impermissible in Islam. Hence, apart from your capital, the remainder wealth has to be given in charity without the intention of receiving any reward.
The money received through the compulsory savings from government’s salary, together with the bonuses from the side of the government is permissible.
You do not have to pay zakaat for the house that is given on rent.
If his debts and liabilities are more than what he owns, he can receive zakaat.
If they are Muslims (i.e. they have not left the fold of Islam) and their debts and liabilities are more than what they own, they can receive zakaat.
Insurance is impermissible in Islam.

الَّذِينَ يَأْكُلُونَ الرِّبَا لَا يَقُومُونَ إِلَّا كَمَا يَقُومُ الَّذِي يَتَخَبَّطُهُ الشَّيْطَانُ مِنَ الْمَسِّ ذَٰلِكَ بِأَنَّهُمْ قَالُوا إِنَّمَا الْبَيْعُ مِثْلُ الرِّبَا وَأَحَلَّ اللَّـهُ الْبَيْعَ وَحَرَّمَ الرِّبَا فَمَن جَاءَهُ مَوْعِظَةٌ مِّن رَّبِّهِ فَانتَهَىٰ فَلَهُ مَا سَلَفَ وَأَمْرُهُ إِلَى اللَّـهِ وَمَنْ عَادَ فَأُولَـٰئِكَ أَصْحَابُ النَّارِ هُمْ فِيهَا خَالِدُونَ ﴿البقرة: ٢٧٥﴾

يَا أَيُّهَا الَّذِينَ آمَنُوا إِنَّمَا الْخَمْرُ وَالْمَيْسِرُ وَالْأَنصَابُ وَالْأَزْلَامُ رِجْسٌ مِّنْ عَمَلِ الشَّيْطَانِ فَاجْتَنِبُوهُ لَعَلَّكُمْ تُفْلِحُونَ ﴿المائدة: ٩٠﴾

( ولا في ثياب البدن ) المحتاج إليها لدفع الحر والبرد ابن ملك ( وأثاث المنزل ودور السكنى ونحوها ) وكذا الكتب وإن لم تكن لأهلها إذا لم تنو للتجارة. (الدر المختار 2/265)