Q: Is zakaat fardh upon the medication which the doctor administers to his patients or dispenses to them?

Q: I own a textile mill. I first import the yarn from which the material is manufactured. I supply certain companies material at the manufacturing cost plus ten percent profit. I also wholesale fabric at the wholesale price which is approximately my cost plus twenty percent. I am also a retailer and supply the public at the retail price. When calculating my zakaat, which market am I obligated to take into consideration? Should I evaluate my wealth in accordance to the retailer’s market, wholesaler’s market, or the manufacturer’s market?

Q: Is zakaat fardh on shares? If yes, then how will it be calculated?

Q: Is zakaat fardh on properties, flats, etc?

Q: Will zakaat be discharged by offsetting a debt with the intention of zakaat?

Q: Is it permissible to build masaajid with zakaat funds?

Q: Is it permissible to use zakaat funds to purchase hampers and feed the poor? Similarly, is it permissible to provide iftaar for the poor in the month of Ramadhaan using zakaat funds?

Q: Will zakaat be fulfilled if it is used to purchase an item for a school?

Q: Is zakaat compulsory on the payout received from an insurance company for the previous years?

Q: A person purchased an item for resale purposes but thereafter cancelled his intention. After some time, he decided to once again sell the item. Will zakaat be fardh on the item?