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 7 of 7
- Ask Imaam16 Jul 2012
1. Are pension schemes permissible? 2. How to give Zakaat on this money? 3. Question on Zakaat on investment.
1. Are pension schemes/funds set by the company permissible? 2. How do you take out Zakaat on this money? You only get this money in your possession…
Moulana Ismail Desai - Mufti Online20 Jun 2012
Zakaat of Partners with a Joint Debt
Three partners (all Muslim A, B, C) start a used car business. All three invest an amount of R 450 000-00 each. Total therefore is R 1 350 000-00.…
Mufti Ebrahim Salejee - Mufti Online18 Jun 2012
Zakaat on Stock for Trade
1. How does one calculate (cost, selling price) Zakaah on Stock for trade? 2. Can one give stock as Zakah? Are they any conditions? 3. Can one give…
Mufti Ebrahim Salejee - Mufti Online18 Jun 2012
Zakaat on the Capital Investment
Please can you help with guidance on the following with regards to Zakaat: My family have made an investment in a Shariah compliant business that…
Mufti Ebrahim Salejee - Mufti Online18 Jun 2012
Zakaat on Jewellery if One is in Debts
I have jewellery for more than a year. However, I also have a personal loan for the same amount for which I am paying monthly and interest. So I am…
Mufti Ebrahim Salejee - Mufti Online31 May 2012
Zakaat on Jewellery Over One's Debts
If a person has a huge loan that he has to pay monthly, does zakaat become obligatory on the gold jewellery that is under his possession.
Mufti Ebrahim Salejee - Mufti Online31 May 2012
Zakaat on Provident Fund Contributions
Please advise if Zakaah is payable on a Provident Fund.
Mufti Ebrahim Salejee - Mufti Online30 May 2012
Saving Tax By Paying Zakaat
I have been told that it is possible for us to form a Family Foundation, register it as a donor organization with the Receiver of Revenue for tax…
Mufti Ebrahim Salejee - Mufti Online26 May 2012
Collecting Zakaat While Debts Are Owed To Oneself
I have a problem with regards to a person whose owing money to me and I don’t know how else to handle the situation according to how Allah would…
Mufti Ebrahim Salejee - Mufti Online26 May 2012
Zakaat on Public Company Shares
Is Zakaat payable on public company shares? If yes, how should this be calculated?
Mufti Ebrahim Salejee - Mufti Online24 May 2012
Zakaat on Various Forms of Buildings as Investments
1. Is Zakaat payable on freehold vacant land? If yes, how should this be calculated? 2. Is Zakaat payable on buildings purchased as investments (No…
Mufti Ebrahim Salejee - Mufti Online21 May 2012
Zakaat on the Equipment of a Catering Business
If you have a catering business with equipment such as crockery and fabrics in possession, is zakaat payable on it?
Mufti Ebrahim Salejee - DU Zakariyya19 May 2012
Is zakaat payable on contributions to pension funds?
Is zakaat payable on contributions to pension funds?
Mufti Razaul Haq - Ask Imaam18 May 2012
How to pay Zakaat on business?
Does zakāt of a business be paid individually or do the partners of the business pay jointly if it falls under the nisāb? The inventory available at…
Mawlana Faraz ibn Adam - Mufti Online15 May 2012
Zakaat on Retirement Annuities and Loans
I'm currently calculating my Zakaat, and would like clarity on the following 3 points: 1. I have a retirement annuity, which I am contributing…
Mufti Ebrahim Salejee - Mufti Online15 May 2012
Zakaat on Pension or Provident Fund
Do I have to pay zakaat on money in my pension and provident fund?
Mufti Ebrahim Salejee - Mufti Online8 Mar 2012
Zakaat on the payout received from a provident fund, pension fund or retirement fund
Is zakaat fardh on the payout received from a provident-fund, pension-fund or retirement-fund?
Mufti Zakaria Makada - Mufti Online8 Mar 2012
Zakaat on Milk Produced or Offspring Of Livestock
Is zakaat fardh on the milk produced or offspring born from livestock?
Mufti Zakaria Makada - Mufti Online7 Mar 2012
Nisaab of Camels
What is the Nisaab amount for Camels?
Mufti Zakaria Makada - Mufti Online7 Mar 2012
Nisaab of Cattle
What is the Nisaab amount for Cattle?
Mufti Zakaria Makada - Mufti Online7 Mar 2012
Nisaab of Sheep and Goats
What is the Nisaab for sheep and goats?
Mufti Zakaria Makada - Mufti Online7 Mar 2012
Zakaat on livestock not purchased for resale
Is zakaat fardh on cows, camels, goats and sheep which are not purchased with the intention of resale?
Mufti Zakaria Makada - Mufti Online7 Mar 2012
Zakaat on livestock purchased for resale
Is zakaat fardh on cows, camels, goats and sheep which are purchased with the intention of resale?
Mufti Zakaria Makada - Mufti Online7 Mar 2012
Zakaat on Eggs
Is zakaat fardh upon the eggs laid by poultry?
Mufti Zakaria Makada - Mufti Online29 Feb 2012
Obligation of sadaqatul fitr on one who has debts
Is sadaqatul fitr waajib on a person who has debts?
Mufti Zakaria Makada - Mufti Online21 Feb 2012
Zakaat on Medication for Dispensing Purposes
Is zakaat fardh upon the medication which the doctor administers to his patients or dispenses to them?
Mufti Zakaria Makada - Mufti Online20 Feb 2012
Zakaat on Shares
Is zakaat fardh on shares? If yes, then how will it be calculated?
Mufti Zakaria Makada - Mufti Online20 Feb 2012
Offsetting a debt with the intention of zakaat
Will zakaat be discharged by offsetting a debt with the intention of zakaat?
Mufti Zakaria Makada - Mufti Online8 Feb 2012
Zakaat on the Payout received from a Provident-fund, Pension-fund or Retirement-fund
Is zakaat waajib on the payout received from a provident-fund, pension-fund or retirement-fund?
Mufti Zakaria Makada - Mufti Online8 Feb 2012
Zakaat on Goods which one has not yet Received
Zaid purchased a consignment of goods from Pakistan with the intention of resale. The goods were thereafter shipped to South Africa. The shipment…
Mufti Zakaria Makada - Mufti Online8 Feb 2012
Zakaat of a waived debt for the previous years
If the creditor waives the debt of the debtor who purchased goods of trade from him, will the zakaat of the debt remain compulsory upon the creditor…
Mufti Zakaria Makada - Mufti Online8 Feb 2012
Zakaat on Debts owed to a Person
Is it necessary upon a person to discharge the zakaat of those monies (debts) which are owed to him?
Mufti Zakaria Makada - Mufti Online8 Feb 2012
Zakaat on Redundant Stock
Is zakaat fardh on redundant stock?
Mufti Zakaria Makada - Mufti Online8 Feb 2012
Zakaat on Goods
Is zakaat compulsory on goods?
Mufti Zakaria Makada - Mufti Online25 Jan 2012
Zakaat on a person who has debts
Is zakaat compulsory on a person who possesses the nisaab amount but also has unsettled debts?
Mufti Zakaria Makada - Mufti Online17 Jan 2012
Zakaat on Bad Debts
What is the shar’ee ruling regarding a debt that is owed to a person who has no hope of receiving the money?
Mufti Zakaria Makada - Ask Imaam22 Sep 2011
Is Zakat paid at cost price of the stock or at selling price?
Most businessmen I know pay Zakat on stock in trade at cost price, not selling price.Please confirm which is the correct value to be used?
Mufti Hussein Issa - Ask Imaam30 Sep 2010
Q no1: mera udhar ka karobar hai mujh pe zakat bunti hai. ( Do I have to give zakat on my loaning business? ) Q no1: (najeeb ullah) naam sahi hai ya (nazif ullah). ( Is najeebullah a good name? How about Nazif ulla?)
Q no1: mera udhar ka karobar hai mujh pe zakat bunti hai. ( Do I have to give zakat on my loaning business? ) Q no1: (najeeb ullah) naam sahi hai ya…
Ml. Abdur Rahman Shareef
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.