Zakat on Money and Gold
2,114 questions
Why has Islam forbidden hoarding wealth?
Is it permissible to give the poor and needy medicine or money from my personal funds with the intention of recovering it from the zakat funds when they arrive?
Is it permissible to pay Zakat on money with a check due to a lack of liquidity or need for it, and can this check be delivered to cancer patients in a hospital?
Is the amount of money given by the mother to her eldest daughter to hand over to her youngest daughter upon her marriage considered a will that requires the permission of the heirs, and is it permissible to give it to the youngest daughter before her marriage, and is zakat obligatory on it, and what should the eldest daughter do with the money if the youngest daughter does not get married?
I live in America. What is the Zakat nisab in US dollars?
1. Has the questioner fulfilled his obligation to advise the buyer after selling him a commercial shop where he used to sell cigarettes, while it is still officially registered in his name? 2. Is zakat obligatory on the questioner for the years he owned the shop, knowing that its contents did not reach the nisab for more than the first year? 3. Is zakat obligatory on the questioner for the price of the shop he sold, knowing that he paid off one-third of it to the shop's debtors and a year has not passed since the payment?
What is the best solution for investing in the price of gold on a particular day, given that the shop does not have gold available and orders it from a supplier in the capital weekly, and is it permissible to authorize the shop owner to purchase gold despite knowing that he deals with bank transfers?
What is incumbent upon one who did not pay zakat for years, assuming that the nisab is calculated only with gold, then it became clear to him that his wealth reaches the nisab with silver?
Is receiving money in a PayPal account, with a 30-day hold period imposed on it, considered a legitimate form of possession (qabḍ) when exchanging currencies, and is it permissible for the transferor to receive the agreed-upon amount immediately or after the hold period expires?
Is it permissible to give Zakat in gold to a poor woman for the renovation of her house?
Is it permissible for a husband to pay off his wife's debt from Zakat money if she incurred it before marriage?
Is it permissible to feed the poor and the needy in Ramadan from zakat money?
Is it permissible to sell dollars via a deposit slip into an account instead of a certified check, knowing that the bank may not have cash liquidity, but communication cards can be withdrawn for the amount, and that the selling price is higher than the cash purchase price?
How can I pay the zakat on my wife's gold jewelry given my financial hardship and debts?
Are the banknotes that we deal with forbidden, because they do not represent gold or something of value?
Is it right to refrain from marriage because the father refused to live in a rented apartment instead of a luxurious one he bought with usurious money, in order to avoid increasing the sin of the father who deals in usury and withholds zakat?
Is it permissible to spend zakat money to buy an airplane ticket for an expatriate African brother studying in Singapore, so he may visit his family and children?
Is zakat obligatory on money in the bank that has been there for a full year (hawl), and from which monthly deductions are made to pay for household necessities and water and electricity bills?
Is it permissible for me to use zakat money in my possession to purchase a personal item, then return its value immediately upon my return home, knowing that I have its value available to me?
Is zakat obligatory on the amount of compensation for the expropriation of land if it cannot be received until after several years?
Is the value of the remaining gold for Zakat calculated based on the price of gold at the time the Hawl (Zakat year) is completed, or on its current price when Zakat is disbursed?
Is Zakat obligatory for the past and coming year on a sum of money set aside for purchasing an apartment, given that there is an issue with finalizing the contract and a decision has not been made whether to proceed or withdraw?
Is it forbidden for a father to buy gold for his newborn daughter—from his own money—so that she is like her elder sister, whom the grandmother gifted gold, especially given the father's inability to buy gold for his other children?
Is zakat obligatory on mahr money deposited in a bank, which is not intended for purchasing anything, and if it is obligatory, how is it to be paid?