Q: Are gold and silver ETFs such as GLD and SLV halal to invest in? الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: Gold and silver ETFs may be traded in principle provided the fund itself and the manner in which it is traded is compliant with sharia.
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Do I pay zakat on the gold that I wear?
Q: Do I pay zakat on the gold that I wear? some people follow the opinion that you dont have to pay zakat on what you wear, only on what you save or hold? الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: The issue of the liability of zakat upon gold jewellery has remained a point of dispute right […]
Read more...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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