Zakaat

Zakaat on prepaid expenditure and deposits

Q: Please advise if the following items (which are treated as assets in the Annual Financial Statement) are included under zakaatable assets for the purposes of calculating your zakaat:

1)Prepaid Expenditure

2)Deposits held by Suppliers or service providers eg. The municipality

Will "Income received in advance" (normally treated as a liability in the Annual Financial Statement) be included in determining your zakaat?

Discharging zakaat incorrectly

Q: A woman wants to discharge her zakaah to a qualified recipient in another city. The recipient instructs a third person to collect that zakaah on his
behalf, and deposit in an account. The third person collects the zakaah. Therafter the recipient instructs the third person to please not deposit the zakaah, and not to collect it! Due to a delay in the third person collecting it! The third person after receiving this information via text message
acknowledges! Still collects and deposits the money! Now the bank account which was not the recipients account was in overdraft! With the result the entire zakaah amount was used up and the recipient did not receive it. So who is liable to replace that zakaah?

Paying Zakaat in gold

Q: Can zakat be paid off in gold? Instead of selling some of the jewellery to pay zakat can we distribute some of the gold as zakat? For example we have to pay Rs, 52,000 in zakat, so we distribute 4 gold bangles equalling 1 tola of gold which would equal Rs.52,000 (assuming market rate is 1 tola=52,000.). Is this okay? Or do we have to sell the 4 gold bangles then pay the zakat in cash?