Thursday, October 28, 2021

Zakaah on yearly savings.

Question: Assalamu Alaikum,I would like to clarify regarding the payment for Zakaah:If I have a savings of $100 per...

Using the Nisaab of Gold to calculate Zakaah in Trinidad.

Question Which Nisaab value should be used in Trinidad and Tobago when calculating Zakah, the value of the Silver...

Zakaah on shares of an ETF (Exchange-Traded Fund)

Question: As-salaamu 'alaykumI am buying and holding shares of an ETF (Exchange-Traded Fund). My intention is to continue to...

Sadaqtul Fitr

Sadaqatul - Fitr is a compulsory charity on adult males and females who have in their net - possession assets to the value of...

Zakaah Guide 2021 (Trinidad)

Zakaah is purification. It purifies both the wealth and the wealthy. It also purifies the needy that receive it, and the whole society in which the wealthy look after the needy by giving them the dues of their money. Attached is a comprehensive Zakaah guide for Trinidad and Tobago

How to calculate Zakah on revenues not yet received?

Question: Asalaamu Alaikum How would an individual or company that provides services and sales calculate its Zakah...

Can a child give charity from his wealth?

Question: Is it permissible for a child who is not Baligh to contribute his money to Masjid-Building projects, Sadaqah or any other forms of voluntary...

Giving Zakaah on time without delay.

Question: AssalamuAlaykum, We normally take out our Zakaat in Ramadhan for the past year. Then this money is distributed amongst the needy and Zakaat collectors...

Zakaah on shares and dividends.

Question: Does Zakaat have to be paid on Shares? Also does one have to pay on the capital and the dividend also? Jazakallah   Answer: In the Name...

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