Why does one need to pay Zakat on a pension plan if one does not get access till later?

 Q:  I have recently setup a SI pension plan account where I can manage the investment but the principal and the gains are not available to me till the age of 55. Is the investment value still zakatable in the years leading up to age 55?   الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب   A: […]

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Is the responsibility of Zakāt a strictly individual responsibility or can it be joint say in the case of husbands and wives?

  Q: Is the responsibility of Zakāt a strictly individual responsibility or can it be joint say in the case of husbands and wives? Most spouses would have joint finances and liabilities or would treat theirs as such. الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: Zakāt is strictly a personal obligation.  Even in jointly […]

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Am I allowed to give zakat to my husband’s mother?

Q: My husband’s family live abroad, they are not well off at all and his mother needs cancer medicine.  I think his father would have savings above the nisab (and not be eligible for zakat) but his mother on her own doesn’t have her own savings, would it be permissible to give my zakat directly […]

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Can we still give zakat to someone if we cannot know if they are eligible or not to receive it?

Q: I want to give my zakat to relatives back in Somalia. They are calling and asking for help, telling us how hard pressed they are. I have asked my immediate family if they know whether these relatives qualify to receive zakat. They only know what they have been told by the relatives, which is […]

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Can Zakat ul Fitr only be distributed in the form of food?

Q: Is it permissible for Zakat ul Fitr to be given in the form of cash or new clothes, or must it be spent on food?  الجواب حامدا ومصليا ومنه الصدق والصواب A: Zakatul Fitr can be given in the form of cash or new clothes and does not have to be spent on food.  […]

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Do I need to pay Zakat on my pension each year or when I start receiving it?

Q: Do I need to pay Zakat on my pension each year or when I start receiving it at the age of 55? The pension is two fold. 1) My employer contributes £300 per month towards my chosen pension provider. 2) My annual bonus, rather than paying 40% tax on it, is paid to my […]

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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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