Zakaat

Accepting funds or donations from Multinational Pharmaceutical Companies to run clinics in poor areas

Q: The Islamic Medical Association runs clinics in poor areas around Durban, where the Govt has no services for these people.  Funds are running out as more and more medicines are needed to help people.  So far no other money except those given as lillah by the muslim community has been used. Can a Muslim organization, in this case the Islamic Medical Association accept funds or donations from Multinational Pharmaceutical Companies to do its work in servicing the medical needs of the indigent population?  

Muslim Organization involved in Natural Disasters accepting funds from Haraam sources

Q: Can a Muslim Organization that is involved with disasters, eg., floods, fires, earthquakes, etc. use funds from haraam sources to do its work?  For instance, can they use funds donated to them from a Pop concert, or a financial institution dealing in interest related transactions like Investec?  What if the donations are not separated from the “halaal” moneys given to them by muslims and all donations are pooled together?  In most cases, the organization does not know where the funds are coming from.  The funds are deposited directly into their bank account, unless an organization like Investec tells them that funds are being transferred into their account.

Some Zakaat related Questions

Q: 

  1. Have a sum of money in a Credit Union (CTCL) as savings eg $15,000.00 and receiving divident annually?
  2. Have a saved sum of $10,000.00 in an insurance company for a term of 5 years. After completion of five years will receive $10,000.00 plus bonus for 5 years?
  3. Have a sum of money in FNPF (compulsory savings from governments salary for the job we do) and the governments adds some amount to it annually may be as interest/divident or bonus. 
  4. Have a house from which we receive rent as income,which we use to pay the rent of the house we staying in. 
  5. Could zakaat money be given to a person who is on a home loan for the house he is living in.He makes the payment of loan from his salary and also from the rent he receives from a flat attached to his house.
  6. Could zakaat money be given to a muslim person who married a converted muslim for the payment of the home loan in which they live, as both of them do not follow the muslim culture anymore. 
  7. Is it right (Halaal) or not. I am paying insurance for my ownself from my salary so that if I die due to some reason the sum insured could be given to my kids or life partner so that they do not find difficult financially for some time.Or if I have an accident the money could be given to me so that I can meet my own living expenses when I cannot earn anymore.

Zakaat on Redundant Stock

Q:

  1. Can a person give out redundant stock as zakaat? I.e. He discharges his zakaat by giving out the redundant stock to zakaat recipients, hence offsetting his zakaat.
  2. The original value of the stock was for eg. R20000, but is now only valued at R10000. Will R20000 of his zakaat be discharged or only R10000?

Zakaat on Holiday Vouchers and Unique Cell Numbers

Q:

  1. I purchase holiday vouchers at R20 each. I sell most by putting them on R1 auction and they sell at whatever price the auction closes. I do have a buy now price of R130. The company I purchase from retails them R300 each. What price do I use to calculate zakaat?
  2. I sell unique cell numbers. I am about the only person selling, so I can't figure out the market value. I purchase few at set prices and pick up others for free at different stores. Cost of the sim card is R1. The number can be sold for anything bet R200 and R20 000 depending on who the buyer is. How do I calculate zakaat for this.