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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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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From my Zakat amount, may I deduct rent for upcoming months that is due now or that is imminently due?

Q: From my Zakat amount, may I deduct rent for upcoming months that is due now or that is imminently due? Ones Zakat anniversary is today. He is due to pay his rent for the upcoming 3 months(Sept-Nov) in around 20 days. Demand for payment (the letter) will come in about 10 days. Can this amount […]

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How is Zakat paid on a ‘committee’ scheme between several individuals?

Q: How is Zakat paid on a ‘committee’ scheme between several individuals? I am currently calculating my Zakat for this year and wanted to know how we deal with a ‘committee’ which is a type of loan which is interest free, where there are a number of members and each member pays a certain amount and […]

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I am getting a university grant, and a scholarship, should zakat be paid on this? if so, when should I pay it?

Q: I am getting a university grant, and a scholarship, should zakat be paid on this? if so, when should I pay it? i.e. pay today and then wait for one Islamic calendar to pass by then pay again?   الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب   A: If you are liable for zakat […]

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Is Zakah liable on the employee/employer contributions of a Final Salary Pension Scheme?

Q: Is Zakah liable on the employee/employer contributions of a Final Salary Pension Scheme?   الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب   A: Zakah is not liable on the pension contributions as it constitutes a weak debt.  (see: http://213.175.220.56/~alqalamo/wp-content/uploads/Categories-of-Debts-and-Bad-Debts-for-the-Purposes-of-Zakah.pdf) However, if and when the pension is received it will be added to ones Zakatable assets if, […]

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I have ceased trading temporarily due to education, however will resume upon completion, do I have to pay Zakah on the remaining stock even though I am not going to be selling it soon?

Q: I have ceased trading temporarily due to education, however will resume upon completion, do I have to pay Zakah on the remaining stock even though I am not going to be selling it soon?   الجواب حامدا ومصليا ومنه الصدق والصواب A: As long as the items are intended to be sold, whether immediately or at […]

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As a foreign student in the UK, my government estimates living expenses and deposits the money in my account, is this liable for Zakah even though it’s living expenses?

Q: As a foreign student in the UK, my government estimates living expenses and deposits the money in my account, is this liable for Zakah even though it’s living expenses?   الجواب حامدا ومصليا ومنه الصدق والصواب A: If the ownership of the deposited amount has transferred to you and it is above the Nisab then you […]

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Do I have to pay Zakah on a personal loan I have lent to my brothers?

Q: Do I have to pay Zakah on a personal loan I have lent to my brothers?   الجواب حامدا ومصليا ومنه الصدق والصواب A: A personal loan is a strong debt upon which Zakah remains payable for the duration of the loan even before one recovers possession of the same.  Thus, you will have to pay […]

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