Q: I belonged to a Pension Fund at work however it was disbanded and I moved the monies to a retirement annuity. This money is only available to me at age of 55. I have been told that I need to pay zakaat on it annually. The amount is substantial and I cannot afford to pay this annually. Why do I have to pay zakaat if I am not able to use the funds until 55 years?
Q: If my brother is in debt for 200k earns +- 14k also has old lay-bys that he pays for every month, has two children, rents a flat, has house expenses plus petrol, always ends up taking money and food from my mum, can my mom and I give him our zakaat or interest money to pay his debts?
Q: I understand that Zakaat is not payable on an extra house. But if the extra house is rented and I am not receiving the rent because I live abroad
and my parents/brothers receive the rent and spend the rent to fulfill their needs. Do I still have to pay Zakaat on the rent?
A: No
Q: If someone gives me zakaat thinking I am eligible but I'm actually ineligible, should I return the money or keep it?
Q: Does a person have to pay zakaat on an extra house he bought and which is rented out? Similarly does one have to pay zakaat on the rent?
Q: Can zakaat money be spent on the funeral expenses of a deserving lady? Please advise where zakaat money can be spent?
Q: I have a question about zakaat money. Every year I collect zakaat money from family and friends and distribute it to those that I know are deserving of it. I wanted to know if I can also take from the zakaat money for my own needs. My personal situation is that I believe that I am eligible for zakaat.
Q: Is it permissible for a single mother of two kids to accept a bursary at a school for them from zakaat funds? Currently the mother is temporarily employed.
Q: I am married with a three month old son. My wife and I both work. We live in a very modest lifestyle and Alhamdulliah just about manage to afford our essentials every month (rent, food, electricity, etc). However, once all the expenses are paid, our bank account is in an overdraft. We have been living in a bank overdraft for almost a year now and are trying our best to get out of it due to Allah's ruling on interest. Is Zakaah still obligatory on us? If yes, how do I calculate a percentage on a negative bank balance?
Q: My question is for zakaat, wealth should remain with a person for an "entire lunar year" then zakaat becomes wajib. My question is if a person has one million which remains with him for an entire lunar year, zakaat becomes wajib on him but if he gets half million one week before his zakaat date, does he need to pay zakaat on one million or 1.5 million. Please clarify. (Please note that half million which the person received did not remain with him for an entire lunar year).