Zakaat

Q: How the zakat on paper money calculated?

Q: Is Zakaat acceptable from one who engages in the business of selling alcohol? Can he give sadaqah from his wealth?

Q:

1. Can a person give out redundant stock as zakaat? I.e. He discharges his zakaat by giving out the redundant stock to zakaat recipients, hence offsetting his zakaat.
2. The original value of the stock was for eg. R20000, but is now only valued at R10000. Will R20000 of his zakaat be discharged or only R10000?

Q:

1. I purchase holiday vouchers at R20 each. I sell most by putting them on R1 auction and they sell at whatever price the auction closes. I do have a buy now price of R130. The company I purchase from retails them R300 each. What price do I use to calculate zakaat?
2. I sell unique cell numbers. I am about the only person selling, so I can't figure out the market value. I purchase few at set prices and pick up others for free at different stores. Cost of the sim card is R1. The number can be sold for anything bet R200 and R20 000 depending on who the buyer is. How do I calculate zakaat for this.

Q: Does one pay zakaat on the cost price of trading stock or on the selling price of the trading stock? E.g. I sell cars. I paid R10,000 for the car but I am selling the car for R25,000. The book value of the car is R20,000. Do I pay Zakaat on R10,000, R20,000 or R25,000?

Q:

1. If we have bought land at a cost of 10lakhs & we kept that land for a period of 6 years & then we sold at 26.5 lakhs. Do we have to give zakaat on that 6 years? Do we have to give zakat on the profit we got  from it? How much do we have to give 2.5%, less or more?
2. If I have a property and no income is coming from that property then do I have to give zakaat on cost of that property?
3. I have a house in which i am not living, but i rented that house. Do I have to give zakaat on the rent I am getting from that house?
4. We have to give zakaat on gold no doubt. On what rate do we have to give zakaat? On the present rate or on the rate at which we bought it?

Q: I have taken a flat on instalment for 1,850,000 Indian Rs. I have given 500,000Rs out as initial payment. I still have to pay the remaining amount. I have 1,000,000Rs  in hand now which i have to give. Do I need to pay zakaat on it?

Q:  I have a sister who has separated from her husband in the UK. She has 2 daughters under the age of 4 and is living with parents at the moment until she can get a council place.  Can i give her my zakaat as she is not working and chances of her returning to her husband is unlikely?

Q: In South Africa, Government taxes can amout to 40% of ones income. If any, how does this affect our annual zakaat?

Q: If I give my zakaat to an organization, will my zakaat be fulfilled as soon as i give them my zakaat or only once they have distributed my zakaat? If it only gets fulfilled once they distribute it then what happens when in todays time we make an EFT to the organizations zakaat account but they distribute from that account as the need arises? My zakaat could stay in their accounts for years. will my zakaat still not be fulfilled?