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Q: Zaid purchased a consignment of goods from Pakistan with the intention of resale. The goods were thereafter shipped to South Africa. The shipment has not yet reached the port of South Africa and Zaid’s zakaatable year ended. Will Zaid have to pay zakaat upon these goods which he has not as yet taken possession of?
Q: Zaid took a loan from Bakr. Bakr demanded a certain amount of cash and jewelry as collateral for the loan. Zaid paid back the loan after three years. Does Zaid have to pay zakaat on the collateral and jewelry for the previous years?
Q: What is the Shar’ee ruling regarding a person who did not discharge the zakaat of his jewellery, wealth and stock in trade for many years? How should he discharge the zakaat of the previous years?
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?
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?