QUESTION: If a women owned a gold Kruger coin and did not know about it because it was in safekeeping with her brother for 11 years, does she have to pay Zakaah on it for that period of time? ANSWER: No, Zakaah will not be obligatory on the gold for the previous...
QUESTION: Due to the nature of my business, my earnings fluctuate. How do I calculate Zakaah in this instance where it is currently above the Nisaab amount but hasn't been in my possession for a full year, and on what date should the Zakaah be discharged? I have been...
QUESTION: Considering the provisions of Islamic law regarding Zakaah, is an individual who owns a non-liquid asset, namely a share in a house valued at R500,000, subject to a rent-to-own/buy agreement with his sister, eligible to receive Zakaah from his sister, given...
QUESTION: In a business partnership, Party A invested 25% capital and does labour. Party B invested 75% capital and does no labour. Their agreement is 50% sharing in profits and losses. They give 100 000 in Zakaah of stock. How is the Zakaah proportioned? ANSWER:...
QUESTION: A certain family has a fund into which various family members contribute. The funds are used for family reunions which are held every few years. Should they pay Zakaah on the amount that has been accumulated? ANSWER: If the money is accessible to the family...
QUESTION: I received a bracelet as a gift. According to the information on the box, it states, "...plated with real silver...". Is Zakaah payable on such an item? ANSWER: Silver plating is the method of applying a thin layer of pure silver over some other metal. If...
QUESTION: A person owns a share in a house valued at R500 000, subject to a rent-to-own/buy agreement with his sister. He is being considered for placement at an old-age home. He receives R7000 per month from his sister, while the cost of residence at the old-age home...
Q1. Some cattle were given to me by the Department of Agriculture on a farm that was leased by the government. I took over the farm on the 25th of July. Thereafter I traded some cattle and kept some back. After a few incidents in March the following year, I decided...