Q: A person purchased a car or house with the intention of resale. Since he does not have any other mode of transport or residence, he is using the purchased car or house till he finds a buyer. Will zakaat be fardh upon the house and car?
Q: Will zakaat be discharged by giving it to a poor child?
Q: If the creditor waives the debt of the debtor who purchased goods of trade from him, will the zakaat of the debt remain compulsory upon the creditor for the previous years?
Q: Is zakaat fardh on rent owed to a person?
Q: Is it necessary upon a person to discharge the zakaat of those monies (debts) which are owed to him?
Q: Is zakaat fardh on redundant stock?
Q: Is zakaat compulsory on goods?
Q: How will zakaat be paid on gold and silver? Similarly will one take the workmanship in consideration when calculating one's zakaat on gold and silver jewellery?
Q: What is the nisaab amount of gold and silver?
Q: What is the mas’alah regarding a person whose wealth decreased before the zakaat date?
E.g. Bakr possessed R1 000 000 throughout the year. Just before the end of his zakaatable year i.e. 1st of Ramadhaan, he suffered a loss of R900 000 in his business. Will Bakr now have to pay zakaat on R1 000 000 or R100 000?