Zakat & Charity · Subtopic
Business Stock, Shares & Savings
278 fatawa from 8 South African Darul Iftas on Business Stock, Shares & Savings, part of Zakat & Charity. Newest first; every fatwa links to the page where its Darul Ifta published it.
Subtopics are grouped from each Darul Ifta’s own categories and the fatwa titles, so the count is approximate.
By Darul Ifta
Business Stock, Shares & Savings fatawa — page 4 of 7
- Ask Imaam18 Oct 2018
Giving zakat to my father who is in debt
Assalamoalaikum my father has alot of debt and he can not pay them off . He took it for our family business which is now shut down. We are 2 sisters…
Aboobakr Siddeeq bin Mufti Amjad Mohammad - Ask Imaam1 Oct 2018
Zakaah on investments
Slmz mufti saheb I am busy calculation my zakaat for the new year. Plz advise if I should calculate on the following investments Oasis Future growth…
Muajul I. Chowdhury - Ask Imaam13 Sep 2018
Giving zakaah and interest money to an indebted person
Mufti Sahab, one of my relative was in need of money to get rid of his Debts which is very huge. He had taken those amount to invest in business and…
Muajul I. Chowdhury - Ask Imaam22 Jul 2018
Zakat on debt; Financing options, Mutual Fund
I would need your opinion in the light of Quran and Sunnah about my following questions; 1. I sold out my house and lent money to a masjid as…
Muajul I. Chowdhury - Mufti Online10 Jul 2018
Father taking a loan from his children for his business
Kindly advise with regard to the following: Four siblings had sold a jointly owned asset and had given their father the money which was to have been…
Mufti Zakaria Makada - Jamiat KZN9 Jul 2018
Criteria of giving Zakaat to an indebted person
Q. Can a Muslim who is in debt be helped to pay of his debt with Zakaat? What if such a person has a house, car, jewellery, investments etc., can…
Mufti Ebrahim Desai - Mufti Online30 Jun 2018
Is zakaat compulsory if one's debts are more than one's assets?
I have a debt and some assets. However, my debt is more than my assets. Does the zakat still apply to me.
Mufti Zakaria Makada - Mufti Online2 May 2018
Zakaat on investments
I have invested 200000(2lacs) in gold business last year August 2017. The profit of which is expected to come in December 2018 of amount 1.2lac. 1.…
Mufti Ebrahim Salejee - Mufti Online16 Apr 2018
Zakaat on jewellery, loans and outstanding debts
1. Is zakaat mandatory on the jewellery given by the in laws at the time of nikaah, which is with me after my divorce? My ex husband told me that he…
Mufti Ebrahim Salejee - Mufti Online28 Mar 2018
Deducting one's debts when calculating zakaat
I have an auto loan (Islamic) on which some amount is outstanding. I also have a personal loan which I took out for investment. In order to…
Mufti Zakaria Makada - Ask Imaam16 Mar 2018
Returning back a debt/ Reciting Surah Faatihah behind the Imaam
I have 2 questions (1)I borrowed 200 pounds from a friend in 2001 and i never returned the money even though she asked for it.After learning about…
Muhammad I.V Patel - Ask Imaam12 Mar 2018
Zakaat on debt
My question is about Zakat Al Mal. I made a loan of $20,000 from a bank (No interest). I have a salary of $7500 / month. I pay the bank monthly. But…
Riḍwān - Mufti Online21 Feb 2018
Zakaat on jewellery if one is in debt
If one has 100gms of gold but takes a loan from one of his relatives of 4 laks, not in gold but on credit, so does he have to pay zakaat?
Mufti Zakaria Makada - Mufti Online17 Feb 2018Roman Urdu
Interest (sood) ke paise se kiya karna chahia?
Jo bank interest (sood) ata hai use kya karna chahiye le kar kis ko dena hai
Mufti Zakaria Makada - Mufti Online13 Feb 2018
Using a stolen cellphone
I have a Muslim friend and he shared something with me secretly but I couldnt answer... he said that once he stole a telephone from someone, and he…
Mufti Ebrahim Salejee - Mufti Online11 Feb 2018Roman Urdu
Udhaar ko zakaat samajh kar maaf dena
Main ne kisi dost ka qarz ada karnay k liay us ko paisay diay udhaar k tor par. ab vo mujhay ada nahi kar sakta. kia main us ko zakat samajh kar…
Mufti Zakaria Makada - Mufti Online25 Jan 2018Roman Urdu
Kisee owr ka saamaan apne bag me paana
Mere abbu Mumbai gaye the shop ki liye saamaan laane by sumo car unho ne wapas aake samaan shop pe rakh diye or ghr aagaye jab dusre din wo shop pr…
Mufti Ebrahim Salejee - Mufti Online25 Oct 2017
Offsetting a debt with the amount one usually gives in sadaqah
I borrowed a person 100 000 Rands which he has not paid. I take out sadaqah every month of 5000 Rands. Can I take that sadaqah for myself and offset…
Mufti Zakaria Makada - Ask Imaam23 Oct 2017
Can i give interest money to a maulana in debt, Zakat on a business asset
As salaamu alai kum! I need to know whether I can dispatch my interest money to a known person (Maulana) who is in big debt since long. It is not…
Riḍwān - Mufti Online2 Oct 2017Roman Urdu
Qardh khwaah par zakaat
Hamare upar kafi qarz hai. Lekin kuch gold para hai. Kya zakat dena farz hoga ya qarz ki wajah se maafi hai?
Mufti Ebrahim Salejee - Ask Imaam18 Sep 2017
Zakat while in debt
I bought a house for £145,000 £15,000 was lent by my mother £50,000 was lent by my father I paid £23,000 towards it I took a loan out for the…
Saad Haque - Mufti Online18 Sep 2017
Which type of debts will be deducted when calculating zakaat?
I was informed by certain Ulama that when calculating my Zakaat, I should only exclude my yearly liabilities and debts. Apart from that, I should…
Mufti Zakaria Makada - Mufti Online16 Sep 2017Roman Urdu
Zakaat aur qarz
1. Jis par zakat wajib ho or us pa qarz bhi ho to kia us par zakat wajib nahi? Kia wo pahlay qarz ada karay ga or phir pasay ho to zakat ada karay…
Mufti Ebrahim Salejee - Mufti Online14 Sep 2017
Is zakaat payable on provident fund?
1. Is zakaat payable on provident fund? 2. If payable is it only on employees portion or employers portion? 3. If payable, is the value based on…
Mufti Ebrahim Salejee - Mufti Online22 Aug 2017
Is Qurbaani and zakaat waajib upon a person who has a hajj savings account?
If I have a savings account towards hajj and its more than 1 year: 1. Is qurbani wajib on me although I may not have any other money besides the…
Mufti Ebrahim Salejee - Ask Imaam1 Jul 2017
How do I give Zakat on a voluntary retirement savings plan?
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh I have a pension fund which my company has offered to me as an optional benefit. I contribute a…
Mufti Sohail ibn Arif - Mufti Online27 Apr 2017
Unable to trace who a payment was received from
I work in the accounts dept of a company. We receive payments into our bank account from customers. Sometimes we receive payments but we cant trace…
Mufti Ebrahim Salejee - Mufti Online11 Apr 2017
Dividends from a non-Shariah compliant investment
A person has an investment in a unit trust from the 1970's. The unit trust was not shariah compliant, and thus included investments in…
Mufti Ebrahim Salejee - Mufti Online3 Apr 2017
Is zakaat compulsory upon a person who is in debt?
1. Zaid bought a house on mortgage, he owes the bank a lot of money, about 70 thousand pounds, he has to pay at least 5 thousand pounds to the bank…
Mufti Zakaria Makada - Mufti Online1 Apr 2017
Performing hajj and discharging zakaat with haraam money
1. If a person has haram income (drugs money, interest money, money claimed through fraudulent activities, etc.) will Hajj and Zakat be Fardh on him…
Mufti Ebrahim Salejee - Mufti Online30 Mar 2017
Zakaat on free grazing animals
If a person has animals that are grazing on his land without him feeding them himself, will they be zakatable even though they only graze on his…
Mufti Zakaria Makada - Mufti Online27 Mar 2017
Becoming eligible for zakaat due to debts
Whilst running my business I incurred huge debts in the past few years, and for this reason I had to close my business and was forced to leave my…
Mufti Zakaria Makada - Mufti Online16 Mar 2017
What should be done with money that one had found?
My job requires me to work in public environments most of the time. I find small amounts of money on the ground occasionally. What should I do with…
Mufti Ebrahim Salejee - Mufti Online8 Mar 2017
Accepting zakaat money to pay off one's debts
I used to have a good business that closed down leaving me with R500 000 in debt. I have R200 000 in an investment that gives me R18 000 a year…
Mufti Ebrahim Salejee - Mufti Online5 Mar 2017
Zakaat on gold purchased with a credit card
Someone took gold on credit cards and couldn’t pay the credit card, so the interest is triple times more since 1 year, and the person left the…
Mufti Ebrahim Salejee - Ask Imaam1 Mar 2017
Is it permissible to accept zakaah to pay off debts?
Assalamualaykum One of my relative in India has a good job with good salary .but unfortunately he is in a bad company .he has a big loan from his…
Ridwaan Ibn Khaid Esmail [Kasak] - Mufti Online28 Feb 2017
Mistakenly using interest money
I checked my bank statement and I realized that I consumed interest money unconsciously. What should I do to expiate it?
Mufti Ebrahim Salejee - Jamiat KZN30 Jan 2017
Paying Zakat on previously lost jewellery
A woman lost her jewellery 20 years ago. Whilst moving houses, she found that very same jewellery which she had lost. Does she now have to pay…
Mufti Ismaeel Bassa - Jamiat KZN25 Jan 2017
The Zakaat of an item that was stolen or lost
A person did not pay Zakaat on her jewellery for the past ten years. Now, all the jewellery has been stolen. Does it still remain compulsory upon…
Mufti Ismaeel Bassa - Mufti Online17 Dec 2016
Retirement fund
Our company has taken out a Sharia Compliant Retirement Annuity for the staff. The company pays the full contribution and it is included as a…
Mufti Ebrahim Salejee
Read-only index of fatawa already published by South African Darul Iftas, each linked to its original. Not a fatwa service — for your own situation, ask the issuing Darul Ifta.