Zakat on Business and Investments
116 questions
How is the zakat calculated for a commercial shop, its merchandise, and the money remaining in the bank, given that the merchant has outstanding debts to and from him, and do tax and shop expenses affect the zakat?
What is the ruling on receiving investments from local and foreign business incubators and accelerators, including those supported by non-Islamic countries and institutions, through the venture capital system, which makes them partners in profit and loss?
What is the amount of zakat that must be paid by a family consisting of three married brothers, their parents, and their children, who own a large house they inhabit, another house in India valued at three million Saudi Riyals, a business project with a capital of two and a half million Saudi Riyals, a commercial shop at four million Saudi Riyals, miscellaneous items at one million Saudi Riyals, and jewelry valued at one million Saudi Riyals?
What should a questioner do after subscribing to a website using a fake visa and creating several accounts?
What is the ruling on money gained from defrauding advertisers, and what is the ruling on profits resulting from investing it in a permissible business, and is the remainder of the profits, after disposing of a portion of them, considered permissible to be invested in the same project?
What is the ruling of Islamic law on dealing with a financier who demands the return of his capital after a printing machinery import deal has fallen through, and is Zakat obligatory for paying off this debt?
Are the fees for transferring Zakat funds deducted from its value, or are they paid from the Zakat payer's private money? Is it permissible to give Zakat to someone who has suffered a business loss and owns properties that cover his debt but he does not wish to sell them? And to someone who wishes to marry for a second time due to infertility with his first wife? And should the latter be given the value of one year's rent and food to dispose of as he wishes?
How is money stolen from joint business funds calculated, and does each person pay zakat on his money, or does the speculator pay zakat on all of it?
Is it permissible for a mother to give her children from her zakat money to register a house for them or to establish a business, when their father already spends on them what suffices their needs?
Is it permissible to give zakat to a girl who is engaged in haram and prostitution to earn a livelihood for herself and her family, by opening a business for her and giving her ownership of the shop, so that she can earn lawful money for them and abandon the haram?
Is money paid to a deceased friend in a commercial agreement, which his father denies, considered a debt that warrants claiming, and is Zakat obligatory on it?
What are the types of property belonging to the father (rented real estate, land he owns, land for which he is still paying installments, business timber, two cars) upon which zakat is obligatory, what is the amount of zakat due on each, and is it permissible to give zakat to the father's divorced paternal aunt and his paternal aunt's widowed daughter with her orphans, especially if the aunt and her daughter wear makeup and are not well-dressed, and have some income?
What is the amount of zakat that an individual must pay after one of the partners leaves and the capital is re-divided?
What is the amount of zakat due on savings, a bank balance, land offered for sale, and merchandise of a commercial company? Is it obligatory to separate between business and personal funds? What should one do if the cash balance is insufficient to pay zakat? Is one sinful for delaying zakat beyond its due date?
Is it permissible to take money from one's father to cover study expenses or to establish a private business? Is it permissible to assist him in his work? What is the ruling on the income he earns from his work, considering that he previously worked in the tobacco industry, currently works in a stone quarry, evades taxes, pays bribes, does not pay zakat, and delays prayers beyond their prescribed times?
Is it permissible to use donations for marketing a project, by allocating a portion of the project's profits or a portion of the customer's purchases to charity or donations for the needy, and advertising this?
Is it permissible to estimate business inventory when it is impossible or difficult for the merchant to count it?
What is the ruling on zakat for used and stored gold that is bought and sold as needed, and what about past years for which zakat was not paid?
How is zakat to be paid if the partners have borrowed an amount equal to the annual profits of the commercial shop, and is the capital to be included with the profits when paying zakat?
Is it permissible to give from the Zakat money to one's parents or siblings?