Zakaat

Q: Someone owes me money, but a few years have passed and he is not returning it. Can I use that amount to discharge zakaat to him if he is eligible for zakaat, or should I give it to him as sadaqah?

Q: If a person wishes to settle the debts of a deceased individual by using his (i.e. the person's - not the deceased's) zakaat money, whilst the deceased was eligible for zakaat, then is this permissible or not?

Q: I bought a land as an investment, but I do not have a clear view on when I will sell it. I have not put it up for sale yet. Do I have to pay zakaat on its value or will zakaat only be applicable when I put the property up for sale?

Q:

1. How much zakaat needs to be paid on fruit trees, which have been purchased in order to make profits on selling the fruits?

2. How much zakaat needs to be paid on a bee hive, which has been bought and rented out to a farmer?

3. How do I pay zakaat on a solar panel which generates revenue from selling electricity produced?

Q: Does one have to pay zakaat only after one has had the stipulated amount of wealth in ones possession for a year or does one have to pay zakaat immediately after receiving the stipulated amount?

And what is the amount that if reached, one will have to pay zakaat?

Q: A trust was formed and a property was purchased for investment purposes. Shareholders bought into the investment. A portion of the net rental are distributed to the shareholders and a portion of this net rental is held back in the trust as a cash buffer for unforseen events (e.g. Unforeseen expense). What is the zakaat implications on the cash buffer held back in the property trust?

Q: We got a land as inheritance from my father: a portion of which he inherited from his mother and the rest of the land was purchased by my father from his heirs i.e my uncles. His mother also received the land as inheritance.

Zaid is living on this land and whatever vegetables, crops are grown there, I am responsible for providing the seeds and other expenses. Zaid looks after them, sells them in the market and then the profit is distributed as a 50 percent share. From the 50 percent that we receive, it is further divided into 8 parts, one part is received by 3 sisters and my mother each. While 2,2 parts belong to me and my brother.

Previously rainfall was the source of water for this land but almost 6 months ago we purchased a motor to draw water from the small natural water stream that passes through the land. The land is not plain, instead it has many small hills in it so the irrigated portion is quite less. Sometimes I get only a little portion of vegetables that cannot be sold so its used at home.

I want to inquire how to give ushar on the produce from this land?

Q:

1. I have a fish farm. How do I pay zakaat on it ? Do I have to pay zakaat on the amount of fish I have purchased for or do I have to pay on the current market price of all the fish I have?

2. What if most of the fish died and I am unable to know the exact amount of fish in the farm?

Q: I would like to enquire about a few zakaat issues:

1. How much zakaat needs to be paid on fruit trees, which have been purchased as an investment?

2. How much zakaat needs to be paid on a bee hive, which has been bought as an investment?

3. Is a solar panel, which has been bought as a form of a money making investment, a zakaatable item - and if so: how do I calculate Zakaat on it?

4. How much zakaat needs to be paid on a business venture which entails investing in a cattle feedlot? The money invested goes into purchasing cattle and providing feed for the cattle for 4 months and then selling them off. Investors do not own specific cattle but buy a share of the total cattle.

Q: A person bought 250 grams of gold in Dec 2016 and was unable to pay zakaat during the last 4 years. Now he wants to make up for the missed zakaat.

The question is, should he calculate the due zakaat of all 4 years on the current gold rates? Or should he calculate 2017 zakaat on 2017 gold rate, 2018 zakat on 2018 gold rate and so on?