Do I have to pay zakah on a loan that won’t be repaid to me?

Q: Do I have to pay zakāh on a loan that won’t be repaid to me? If a lender has lost all hope of recovering his loan how should he treat the outstanding amount for the purposes of zakāh? الجواب حامدًا و مصليًا و منه الصدق و الصواب A: If a lender has lost all […]

Read more...

Do I have to pay zakah on money that I have only had in my possession for 2 months?

Q: Do I have to pay zakāh on money that I have only had in my possession for 2 months? I am a retired government servant and receive a pension. Besides this, the only other source of my income is rent I receive from a house. I live in another house which I own. I […]

Read more...

Does Zakah need to be paid on maternity pay that may need returning?

Q: Does Zakah need to be paid on maternity pay that may need returning if one can’t go back to work and hence has been kept aside? الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: Once maternity pay is received the recipient becomes owner of the same.  As it is not a loan it will […]

Read more...

Do students have to pay zakah on money from a student loan, if they have it in their possession?

Q: Do students have to pay zakāh on money from a student loan, if they have it in their possession? For e.g. a person took out tuition fee loan and maintenance loan (not grant) which roughly comes to about £6000. From that, £3000 is automatically taken by the university i.e. tuition fee which leaves a […]

Read more...

If one has given their Zakah in advance for forthcoming years and on the anniversary realises this amount was above his actual Zakah total, can one consider this surplus amount to be a Zakah payment for subsequent years?

Q: If one has given their Zakah in advance for forthcoming years and on the anniversary realises this amount was above his actual Zakah total, can one consider this surplus amount to be a Zakah payment for subsequent years?   الجواب حامدا ومصليا ومنه الصدق والصواب A: If a person has donated their Zakah in advance either […]

Read more...

Is a person who has an Islamic Home Purchase Plan able to deduct any future rental installments due to the bank from their zakatable assets?

Q:Is a person who has an Islamic Home Purchase Plan able to deduct any future rental installments due to the bank from their zakatable assets? الجواب حامدًا و مصليًا و منه الصدق و الصواب A: The client cannot deduct rental payments for future periods from his zakatable assets. Only those payments that have fallen due […]

Read more...

Can student loans be taken off as a liability for zakah purposes?

Q: Can student loans be taken off as a liability for zakāh purposes?  Is a Student Loan added to ones zakāh liability section as a whole in every zakāh year until it is paid off unlike most deferred payment loans such as mortgages, where only the coming 12 months instalments will be added in the […]

Read more...

Do I have to pay zakah on money held for a minor?

Q: I gifted my son £1,000 and hold this in an account in my son’s name. However prior to his 18th birthday he is not able to access that money without my consent. In this instance is he liable for zakāh? الجواب حامدًا و مصليًا و منه الصدق و الصواب A: This would be considered […]

Read more...

Is zakat payable on rental income as well as on the share of property that is owned?

Q: 1 Can you please confirm that zakat is payable on rental income as well as the share of property that is owned. For example, if the annual rental income is £15,000 and the annual mortgage payment is £12,000, is zakat due on the difference (£3000 in this example) if the person hasn’t spent any money from rental […]

Read more...