Aug 5, 2021 | Zakat (Charity)
Question Assalamualykum, If my total asset worth for Zakat is £5,000 and I have £9,250 student finance debt, would I pay no zakat as I am in overall negative equity? Or are we not able to include student finance debt in our calculations and so would pay zakat on...
Jul 2, 2021 | Zakat (Charity)
Question Assalamualaikum. Please help me with a question regarding Zakat on long term(15 year) plus investments. The investment is managed by a fund manager. The money would be invested in bonds and equities but not shares.The purpose of the investment is to generate...
Jun 30, 2021 | Zakat (Charity)
Question I have two questions regarding zakaat on property and retirement saving 1- I bought two plots. First, with an intention of constructing rental property in future. Second, with an intention of selling it after 5/6 years and use the proceeds of the sale to buy...
Jun 28, 2021 | Zakat (Charity)
Question For nisab of zakat, we know that, if the excess asset amount is equal to 620 gram silver OR 87 gram gold, then the person has to pay zakat. As far I have come to know, the value of the mentioned amount of gold and silver was same in the time of Prophet...
Jun 2, 2021 | Zakat (Charity)
Question السلام عليكم ورحمة الله وبركاته I hope that you are well and in the best of health. I have 3 questions regarding zakat: 1. Lets say that you had a certain amount of money (in cash) that you gave away with the intention of business. Do you have to give Zakat...
May 6, 2021 | Zakat (Charity)
Question Assalamu ‘alaykum wa rahmat Allahi wa barakatuh I would like to know the Islamic rules in case of the following issues: 1. In case if a person borrowed money (which is a good amount) and become unable to return the money (his main source of earning has...
