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 5 of 7
- Mufti Online24 Oct 2016
Driving away after knocking someone's car
I have a small problem. This morning I went to do some shopping. While parking, I misjudged my turning and by mistake I scraped into the car next to…
Mufti Ebrahim Salejee - Mufti Online24 Oct 2016
Calculating zakaat on investments
I have an approximate amount of 2.6 million in an investment with Al Baraka bank,with a monthly return plan. Do I need to give zakaat on it? If so,…
Mufti Ebrahim Salejee - Jamiat KZN15 Oct 2016
Zakaat on a re-invested pension fund
Q. Your previous email on compulsory pension funds has been helpful. I now have a follow-up question to it. In my case, it was compulsory for me to…
Mufti Ismaeel Bassa - Mufti Online29 Sep 2016
Accumulating interest money
My bank used to pay me interest before I stopped it. Is zakat due on this interest money?
Mufti Zakaria Makada - Mufti Online10 Aug 2016
Zakaat on property that was purchased as an investment
I bought a plot in 2013 Oct for an amount of 9300000 for the purpose of selling/investment. Today I have sold it for 17500000. Please guide: 1. How…
Mufti Ebrahim Salejee - Mufti Online10 Aug 2016
Giving dead stock as zakaat
Can a person give dead stock as zakaah?
Mufti Ebrahim Salejee - Mufti Online31 Jul 2016
Zakaat on land purchased with the intention of resale
A person purchased land abroad with the intention to sell and make profit 8 years ago. The price of this land has risen, thought is stagnant at…
Mufti Zakaria Makada - Mufti Online28 Jul 2016
Waiving off a debt and considering it to be zakaat
If I lent someone cash as a loan and at first have every intention of asking it back. However, after sometime I decide to not and forgive them can…
Mufti Zakaria Makada - Mufti Online27 Jul 2016
Writing off a bad debt as zakaat
I want to know that if a person is not returning my money. Can I adjust the amount as zakat for some years in advance?
Mufti Ebrahim Salejee - Ask Imaam9 Jun 2016
Giving Zakaat Money to a Debtor
There is a man who is owing my husband R50 000, he has debts that exceed his income, can my husband give him Zakaat? If he repays my husband with…
Huzaifah Deedat - Mufti Online18 May 2016
Calculating zakaat on investments
I have invested some money in a telecoms company through a family member. The shares are not available to the general public and only to employees,…
Mufti Ebrahim Salejee - Mufti Online23 Apr 2016
Paying off another person's debt with zakaat money
If person A is in debt, can person B pay zakaat directly to the creditor? Does B have to inform A that he is paying Zakaat directly to the creditor?
Mufti Zakaria Makada - Ask Imaam9 Mar 2016
Waiving debt as Zakat
If Zayd gave Bakr £100 loan. After a longtime he realised that Bakr is not going to pay him back. Bakr meanwhile, is also liable for Zakaat. Can…
Huzaifah Deedat - Jamiat KZN9 Mar 2016
Mixing debt with Zakaat
Assalamualaikum Warahmatullaahi Wabarakaatuh Mufti Sub, Client A borrowed from Client B an x amount of money, now Client A only wants to pay back a…
Mufti Ebrahim Desai - Mufti Online5 Mar 2016
Zakaat on a plot of land
If a person buys a plot, will Zakaat be compulsory on it or not?
Mufti Zakaria Makada - Mufti Online15 Feb 2016
Becoming eligible for zakaat due to debts
I am currently employed working on commission earning a very decent salary. Due to to certain mismanagement of my salary I find myself in debt (3…
Mufti Zakaria Makada - Mufti Online4 Jan 2016
Zakaat on land purchased with the intention of resale
Does one need to pay zakaat on land purchased abroad in 2008 with the intention of selling in the future? Currently the land is vacant as the prices…
Mufti Zakaria Makada - Ask Imaam16 Dec 2015
Is it required to pay zakat on provident fund amount?
Is it required to pay zakat on provident fund amount?
Ismail Desai - Mufti Online12 Dec 2015
Zakaat on pension fund
I belonged to a Pension Fund at work however it was disbanded and I moved the monies to a retirement annuity. This money is only available to me at…
Mufti Zakaria Makada - Mufti Online23 Nov 2015
Changing one's intention regarding giving something to someone
1. I have made niyyat to give someone something then later I changed my decision and thought I will not give. Is it allowed for me to change my…
Mufti Zakaria Makada - Mufti Online18 Nov 2015
Is zakaat obligatory if one is in overdraft
I am married with a three month old son. My wife and I both work. We live in a very modest lifestyle and Alhamdulliah just about manage to afford…
Mufti Ebrahim Salejee - Mufti Online14 Sep 2015
Calculating zakaat on investments
I am a widow since four months. I have two daughters which are married. I don't have any brothers. In the presence of my husband there were 13 lacs…
Mufti Ebrahim Salejee - Ask Imaam18 Aug 2015
Do i have to pay Zakaat while i have debts to pay?
I want to know about my zakat I will have to pay or no? I took Loan from Islamic bank a year before of 42,000 Aed Aprox (PKR 1,150,000) for housing…
Ismail Desai - Ask Imaam12 Aug 2015
Debts receivables are treated as one’s potential wealth
My father purchased a house for my brother and my brother is now paying a monthly amount to my father in order to acquire this house for himself. My…
Ismail Desai - Mufti Online3 Jun 2015
Zakaat on shares in property investments
How is Zakaat calculated on shares in property investments, e.g. Al-Mabroor Property Investments etc. a) Is Zakaat payable on the entire investment…
Mufti Ebrahim Salejee - Mufti Online2 Jun 2015
Zakaat on unit trust investments
When paying zakaat on unit trusts investments, does one pay on the original amount invested or the current value?
Mufti Ebrahim Salejee - Mufti Online23 May 2015
Zakaat on debts owed to a person in lieu of merchandise sold
Is zakaat payable on outstanding debts owed to a person in lieu of merchandise sold? If the debt is paid after few years, will zakaat have to be…
Mufti Zakaria Makada - Mufti Online23 May 2015
Zakaat on debts owed to a person in lieu of services carried out
Is zakaat payable on outstanding debts owed to a person in lieu of services carried out e.g. accountant’s fees, lawyer’s fees, etc? Will one include…
Mufti Zakaria Makada - Mufti Online19 May 2015
Zakaat on shares
I have shares with my company. I have held an x amount of shares for an entire year. This year the share value is unchanged from last year. Is the…
Mufti Zakaria Makada - Jamiat KZN11 May 2015
Zakat on strong debts
My father has sold a land to a person, say for ! million in 2010. The person has not paid the amount due yet. Does my father have to pay zakaat on…
- Ask Imaam9 May 2015
Zakat on strong debts
My father has sold a land to a person, say for ! million in 2010. The person has not paid the amount due yet. Does my father have to pay zakaat on…
Ismail Desai - Jamiat KZN7 May 2015
Interest based savings account (2/2)
If a person keeps a residential plot with no defined intention whether it could be used for living in future by himself/family or whether to be sold…
Mufti Ismail Desai - Jamiat KZN7 May 2015
Interest based savings account (1/2)
I have got some interest money from my saving bank accounts as well as from my father’s account.But Due to not practicing islam my father do not…
- Mufti Online31 Mar 2015
Zakaat on investments and loans
1. I invested some money in a company. Unfortunately, the company was a fraud. Government possessed all investments and it is still under…
Mufti Zakaria Makada - Ask Imaam7 Mar 2015
Zakat on debt and mortgage?
I am resubmitting this question as I have not recieved a reply for 2 weeks. Dear Mufti Ibrahim Desai Saheb, I have a very important question…
Ismail Dawoodjee - Ask Imaam7 Feb 2015
Is my friend eligible for zakāh because of his debts?
I have a very important question reference to Zakat. Please can you enlighten me on this matter. One of my close friend borrowed money in 2006 and…
Bilal Mohammad - Jamiat KZN29 Jan 2015
Zakaat on pension fund withdrawal
i intend leaving my employer at the end of the year for another employment, inshAllah. How do I calculate my pension fund withdrawal. I have been…
Nabeel Valli - Jamiat KZN23 Dec 2014
Zakaat on pension fund withdrawal
I intend leaving my employer at the end of the year for another employment, inshAllah. How do I calculate my pension fund withdrawal. I have been…
Nabeel Valli - Mufti Online6 Dec 2014
Zakaat on pension fund
I will be leaving my employer and would like to know how to calculate the zakaat on my pension fund withdrawal. I have worked at the current place…
Mufti Ebrahim Salejee - Ask Imaam30 Nov 2014
Zakaat on pension fund withdrawal
i intend leaving my employer at the end of the year for another employment, inshAllah. How do I calculate my pension fund withdrawal. I have been…
Nabeel Valli
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.