Is Zakat payable on wealth not held in possession for the entire year?

Q: In the beginning of the year 2014 my husband and I were looking to purchase our first home.We are currently renting privately. I had about £50,000 savings. We both work full time and our salaries were going to contribute to the eventual purchase (as it takes about 12-16 weeks for completion and all monies […]

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Is zakat due on an amount of money I only came to possess 11 days before my zakat anniversary?

Q: Is zakat due on an amount of money I only came to possess 11 days before my zakat anniversary, and which is going to be used to buy a house (and therefore not “surplus” wealth)? الجواب حامدا ومصليا ومنه الصدق والصواب A: Once one becomes owner of the nisab one’s lunar year commences.  Any […]

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Does a woman have to sell her gold in order to pay zakat?

Q: Does a woman have to pay zakat on her gold even if her and her husband do not have enough cash over the nisab? i.e. does she have to sell some gold and pay separately? الجواب حامدا ومصليا ومنه الصدق والصواب A: If the gold, individually or in conjunction with other zakatable assets from […]

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Is Zakat due on inheritance that is not received until a few years have passed?

Q: A man passes away leaving a wife and three children. The process of sorting out his estate takes 2-3 years in which time the family does not know exactly how much has been left behind and therefore they don’t know how much the are entitled to. Eventually the funds are received by the respective […]

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For zakat purposes, how might we interpret ‘fi sabeelillah’ in the modern context?

Q: How might we interpret fi sabeelillah in the modern context? Could this include campaigning or advocacy activities – for example, raising awareness about Islamic teachings on poverty issues, dispelling misperceptions about Islam, speaking out on international justice issues etc. الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: Whilst the literal meaning of fi sabilillah […]

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Is one regarded as sinful for delaying the paying of zakat to such an extent that a year passes?

Q: My zakat is calculated yearly on 16th Sha’ban. This year for example, it was £500. My habit is to split the £500 into 11 monthly payments. My aim is to pay the zakat £500 before the next years Sha’ban. However, sometimes I budget and maybe miss a few months. Thus for example by 16th […]

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Do I have to pay zakah on Qard Hasana given to an individual?

Q: If an individual lends £2,000 to his relative on the basis of qarḍ ḥasana (gratuitous loan) and the £2,000 is still outstanding. How should the lender treat the outstanding £2,000 for the purposes of zakāh? الجواب حامدًا و مصليًا و منه الصدق و الصواب A: A personal loan is categorized as a ‘strong debt’.[1] […]

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Who is liable to pay the Zakat for a limited company?

  Q: Is a limited company an independent entity in Islam and therefore liable for its own Zakat or does its value belong to the shareholders? الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: The liability to pay zakat falls on the shareholders and not the company itself. If taxes have been incurred on the zakat […]

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If I own land in a foreign country on which a house is currently being built which will be rented out, is there any Zakat to be paid currently?

Q: If I own land in a foreign country on which a house is currently being built which will be rented out, is there any Zakat to be paid currently? الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: There is no Zakat payable on the land.

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My children’s wealth does not reach the Nisab individually, but collectively it does, is Zakat due on the collective amount?

Q: My children’s wealth does not reach the Nisab individually, but collectively it does, is Zakat due on the collective amount?   الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: Zakat is an individual payment to be paid on one’s own Zakatable assets but according to the Hanafi School the assets of children are not liable to […]

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