Zakaat

Q: Is it more rewarding to buy gifts for one's family or to spend that money in sadaqah? (for the person who can't afford to do both)?

Q: I am a student at university. In possesion I have money that was given to me to cover university expenses. I have around R5000. By the end of the year it will be used up. I would like to know if zakaat is payable on it and wether qurbani is required. I also have a student bank account that doesn't accumulate interest until a year has lapsed. Due to the account being empty after a year, There will be no interest gained or taken, is it permissible. My bursary pays fees late every year and univerity charges me R30 interest. Should I give that R30 as charity, as it is out of my control?

Q: I realised that I had 100 riyals in my possession for the past 2 years which I did not include in my zakaat calculation. How much zakaat must I pay for it?

Q: I have a shop, and pay 1200 as rent. I have given some money as security to the landlord. Should I add this security money while calculating nisaab for zakaat? Please reply?

Q: To which persons are we allowed to give zakaat to. How much money does the person need to have so that he is able to accept zakaat?

Q: What is the difference between Sadqah and Lillah?

Q: I have loaned some money to a relative and wanted to know while paying zakaat, do I have to include the loaned amount or only when I receive it?

Q: At work, I have got a lot of leave days due to me for the last two years of employment. The company has agreed to pay me out for these leave days. However I have not received payment for these leave days yet and now my zakaat payment for the past year is due. Do I include this amount in my zakaat calculation and pay zakaat on it or is zakaat due on it when I receive the money from my employer.

Q: Could interest and zakaat money be used to pay electricity account. We are poor and unable to pay our bills so we want to ask a bisinessman for intertest or zakaat.

Q: How is Zakaat calculated on shares in property investments, e.g. Al-Mabroor Property Investments etc. a) Is Zakaat payable on the entire investment amount or b) Is Zakaat payable only on the income received which one has in his possession when Zakaat is due?