Zakat on Business and Investments
116 questions
Is it permissible to collect the remaining Zakat funds each year to form a large sum, with the aim of helping the needy with major projects such as marriage, housing, or starting a business, knowing that these funds will only be spent on these designated categories?
Is Zakat obligatory on all wealth that has reached the nisab and on which a full year has passed, or is it obligatory only on the amount that first had a full year pass on it, even if the wealth increases thereafter?
Is zakat to be paid on the merchandise of a gold shop before distributing the profits to the worker, or are the profits to be distributed first, and then each of them pays zakat on his share, knowing that the zakat might be substantial for the worker?
Does the remaining price of the apartment, for which your son is paying installments, count as debts to be deducted from the profits of the clothing store when calculating business Zakat?
What is the nisab (threshold) for gold zakat and its rate, and when is it due? What is the zakat of Ramadan and its amount? Is an orphaned working girl required to pay zakat on her earnings, and is it permissible for her to give zakat to her fiancé?
Does zakat become due for the first year only, or throughout the entire period of holding the money, after taking a sum of money from a brother to expand a business and not giving him profits in the first year?
How is Zakat on money calculated for a business partnership whose profits have not yet been received, for loaned money that has not yet been repaid, and for savings from a monthly salary whose amount constantly changes, and when does the hawl (one lunar year) calculation begin for them? And is Zakat calculated for past years in which it is difficult to determine the amount of money?
How is the Zakat calculated for previous years on a business that had not previously paid Zakat, especially with the unavailability of financial statements for the merchandise inventory for each hawl (Zakat year) separately? And is it permissible to calculate the Zakat for the current hawl and then pay a similar amount for the previous years?
Are crops, fruits, and livestock designated for trade subject to zakat al-tijara (business assets zakat)?
How is the zakat of money invested in a real estate project under construction and jointly owned assessed and paid, given the varying hawls of the partners and the funds received from sales?
How is the zakat on money to be paid if the principal has reached the nisab and been invested in a business, but the time of receiving the profits and their value have not yet been determined?
Is Zakat calculated on the original amount that reached the nisab and upon which a year has passed, which is 23 million Algerian Dinars, or on the remaining amount after deposits and withdrawals, which is 35 million Algerian Dinars?
How is Zakat on money paid when the amount increases monthly? Is Zakat due on the original amount that has completed a Hawl (lunar year), or on the total amount? Is Zakat due on an apartment bought for a son and currently rented out? Is it permissible to pay Zakat to settle the debt of a younger brother who is unemployed?
What is to be done with the remainder of his money, which is mixed with lawful and unlawful sources, and most of it is gone, knowing that he has repented and needs capital for a permissible business?
Is it permissible to give a poor brother whose income is insufficient money from Zakat to help him with a business project?
How is zakat to be paid on a sum of money comprising salaries, loan installments, and business profits, from which zakat was only paid once, and what is the ruling on paying this zakat to mosques?
How is Zakat paid on business assets that have reached the Nisab, if one of the partners has taken his share of the profit, but the entire deal has not been sold to the others?
How can $8,000, which has reached the zakat threshold but is insufficient to establish a business, be invested to avoid its zakat diminishing year after year?
Is it permissible to pay Zakat to a indebted relative who claims to have been robbed, while people accuse him of squandering money on unlawful things?
What are the assets subject to zakat from the remaining funds (3 million liras) and the share of the shop rented for commercial business, knowing that the house rented for residential purposes is not subject to zakat?
What should I do about my inability to pay zakat for years, given the accumulation of debts and spending everything I earn from my business on my family's expenses?
How is the zakat calculated for car and stock installments: is it based on the cash value or after the installments?
Is it permissible to give the amount of a vow designated for the children of a deceased brother to his needy brothers to establish a business, taking into account that the deceased brother's children are already provided for, while the needy brothers are in greater need?
How can a indebted man who lost his business and whose salary is insufficient to pay his debt fulfill his obligation, and is he eligible for charity in accordance with the verse, "and for the emancipation of captives" (Al-Quran)?