Q: A group of people formed a company. Some of the partners say that zakaat is due annually on the date of inception. While others say each shareholder needs to pay Zakaat according to the value of his share on the day on which his Zakaat is due annually. Please advise on what date should the Zakaat for the company be calculated?
Q: My ring was lost for a period of 2 years. I did not know where I had lost it. I now found my ring. Do I need to pay zakaat for the years during which my ring was lost?
Q: Do I have to pay Zakaah on my car which is finish paid for?
Q: Zaid has one sister. She is 75 years old and is an Alzheimers patient. Her condition is such that sometimes she is unable to recognize her own daughter, always keeps on asking about her son (she actually never had any son), and is living in the past where she thinks her husband and mother are still alive (and in reality they died many years back). She doesn't remember that she has to offer salah.
While distributing their mother's inheritance money, Zaid kept his sister's 4 lakh in his bank account as amanat. There are 5 witnesses over it. He is not using this money as he fears Allah Ta'ala. The pension she gets is enough for her basic needs. Zaid wants to know if he needs to discharge his sister's zakat from her share i.e. 4 lakh rupees, or should it remain untouched as she is not in her senses?
Q: We have a joint family system. I am financially stable but my elder brother is struggling to survive. He is married and his wife shares a kitchen with us.
My question is can i give Zakat to my elder brother? As i said we have a shared kitchen, so I'm afraid if i give Zakat to my elder brother and with that money he brings some food, so that food will be halal for me? Even though it is not my intention that my brother bring food and share with us, but if some day it happens then what should i do?
Q: How is the Zakaat value on a gold coin calculated?
Q: If I have 20 lakh rupees in my account at the start of the year and after completion of one year this amount is increased to 30 lakh over the last twelve months gradually on monthly savings from my source of income. To my knowledge if an amount is in my possession for one year constantly, the zakat is due on that amount, therefore I assume that I should calculate my zakat on 20 lakh because the increase in my amount is month by month and full one year has not been passed over this amount. Am I correct or I should calculate my zakat on 30 lakh?
Q: Is it ethical to give expired cooldrinks to the less fortunate amongst our society although the manufaturer says that it is just a guideline.
Q: Will Zakaat be discharged by sponsoring a student (presumably poor and unable to pay the fess) at a Darul Uloom or Madressa?
Q: I wanted to ask about collection of funds for my education. I live in Pakistan, but I am not financially strong. I earn but I am unable to fulfil the family expenses. I want to study further in AUS, that way I can earn in dollars and might be able to pay off loans on my family and expenses. For that, can I collect funds from people? I am unable to save and fulfill family expenses at the same time but I dont want to make money in a haram way nor will I persue this if I am not allowed to in Islam.