Zakaat on Loans Given to Individuals or Companies
Q: Is Zakaat payable on loans given to individuals and companies?
Q: Is Zakaat payable on loans given to individuals and companies?
Q: Is Zakaat payable on second and third homes used occasionally? If yes, how should this be calculated?
Q: Is Zakaat payable on public company shares? If yes, how should this be calculated?
Q: 1. Is Zakaat payable on freehold vacant land? If yes, how should this be calculated?
Q: What is the difference between zakaat and fitrah? Who has to give fitra?
Q: Please advise on whether zakaat is payable on fixed property - house and business immovable property, property held for investment?
Q: If you have a catering business with equipment such as crockery and fabrics in possession, is zakaat payable on it?
Q: Can zakaat be paid before the end of the year when it will be due?
Q: The following is an usool question which I would like clarity in. I told the brothers they could pay zakaat earlier then the time it is due. For example Ramadan is in a week so give it now to benefit the poor. The people said it makes no sense. They said, then why can I not fast a month earlier. Why can I not pray Salaah a day before? Is it true that we can give zakaat earlier because it is to benefit the poor? Can you please help me answer this brother?
Q: My grandfather opened a bank account for me, he used to bank money for me, thus he was in control of my bank account which he opened he used to deposit money every month, pay my zakaat for years but should not tell me is my zakaat paid.