Q: How is Zakaat calculated on shares in property investments, e.g. Al-Mabroor Property Investments etc. a) Is Zakaat payable on the entire investment amount or b) Is Zakaat payable only on the income received which one has in his possession when Zakaat is due?
Q:
1. can I give zakat in qest I mean I have to give 2500 zakat so can I give it 500 per month or I should give it all together.
2 And if I qaza of one year zakat, is it sinful?
3. If I give some money to another person as qarz, is zakaat farz on that money?
Q: Do I have to pay the Zakaat on rental income after taking away all expenses or I have to pay Zakaat on the purchase price of the house?
Q: When paying zakaat on unit trusts investments, does one pay on the original amount invested or the current value?
Q: Is zakaat payable on outstanding debts owed to a person in lieu of merchandise sold? If the debt is paid after few years, will zakaat have to be paid for the previous years?
Q: Is zakaat payable on outstanding debts owed to a person in lieu of services carried out e.g. accountant’s fees, lawyer’s fees, etc? Will one include these outstanding debts when calculating one's zakaat on one's zakaat date? If the wealth is paid after a few years, will zakaat have to be paid for the past years?
Q: My sister and the former husband abandoned three kids and are now cared for by my parents. They have grown and are on the brink of their teenage years. My parents who have cared for them have now almost retired. I help where I can but is not always able to help fully. I have zakaah due to be paid in the coming month. My questions are:
1. Can I pay zakaah to my parents to cover for their (nieces and nephew) needs?
2. If so, can I give all my zakaah to them or only a portion.
Q: I have shares with my company. I have held an x amount of shares for an entire year. This year the share value is unchanged from last year. Is the zakaah due still 2.5% on the value of all shares held by myself? Please advise.
Q: For zakaat, the cash is totaled up and 2.5 % is to be paid, but gold jewellery and silver are they separate? For example, someone has gold above the nisaab amount, they evaluate its worth and separately, calculate 2.5 % from its worth, or do they add its worth to the cash total and pay 2.5 % on the lump sum? Or do the cash amount and gold amount separately?
Q: I have relatives who were not on the straight path and ignorant about Islam and now I want to help them to do their zakaat, so I have a number of questions.
1. How do we calculate a date for Zakaat? They're both above the Nisaab. Do we calculate via picking a new date or by estimating when they last went above the threshold for zakaat?
2. How should the zakaat of the past years be calculated? From what starting point?
3. If one has a debt, but has money that is above the threshold amount, must he pay zakaat? But if the debt is paid then he will be below zakaat, will he be obligated to pay zakaat still if he doesn't pay the debt for a year?
4. How is Zakaatul Fitr paid and is it Fardh?
5. Is zakaat due on inheritance?