Zakaat on investments and loans
Q:
1. I invested some money in a company. Unfortunately, the company was a fraud. Government possessed all investments and it is still under investigation. Money is not in my possession any longer. Do I have to pay Zakaat on this?
2. I've loaned out money to a few people. No one has paid me back as yet. Do I have to pay Zakaat on this?
3. Do I have to calculate exactly 2.5% Zakaat or can I give more than this as Zakaat?