Q: If someone has 24, 22 and 18 karat gold jewellary, then how will zakaat be calculated? The price of 24 karat gold is Rs. 3100/g. the price of 22 karat gold is 2900/g and price of 18 karat gold is 2400/g.
Q: Is it permissible to collect money for deeni organisations and institutes, etc. from people or companies that are dealing (giving and earning) in interest. If it is permissible, then what are the boundaries and limits when collecting from such people?
Q: My father died without giving the mehr money to my mother. After my father's death my mother will get the mehr money from his property. Is it necessary to give zakaat on that money calculated from the day of marriage or from the day my father died or the day my mother receives the money?
Q: Is zakaah waajib or fardh?
Q: Three partners (all Muslim A, B, C) start a used car business. All three invest an amount of R 450 000-00 each. Total therefore is R 1 350 000-00. All partners share equally in profits.
Q: I would like to know the correct method for paying Zakat on Gold. As far as I know we have to pay 2.5% of the total gold we own converted to the currency of the area you are living in.
Q: If I transferred monies 3 years ago to a supplier overseas, and until now, the supplier has not sent me the goods nor has he returned my money up until now, do I have to pay zakaat on this money. The money is sitting with him 3 years and he might return the money within a month? Do I have to pay zakaat on this money which is not in my possession for 3 years now?
Q: 1. Does the payment of Zakaah have to be precise on the day its discharged? or can it be earlier or later? If so, how early or how late?
2. When is the best time to calculate and give Zakaah?
Q: 1. How does one calculate (cost, selling price) Zakaah on Stock for trade?
Q: When welfare organizations receive zakaat money in the month of Ramadaan, can this money be kept to fund all the cases they receive throughout the year and then bring this amount to nil by the following Ramadaan or has the money to be disposed this month and if so how does one support the cases.