Is Zakat Payable on Bitcoin?
Question: Is Zakat Payable on Bitcoin? In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. The Answer: According to...
What is the Zakat liability on a director’s loan into their company?
Question: If I have put a director’s loan into my company, do I have to still pay zakat on that loan? In the Name of...
Is A Buy To Let Property With Plans To Sell Upon Favourable Market Conditions Zakatable?
Question: Is a property purchased for personal use or a buy to let but with a plan to surely sell this in future when market...
Is a Property Purchased to Resell and Thereafter Leased but Still on the Market For Sale Zakatable?
Question: Is a property purchased to resell and thereafter leased for short-term but still on the market for sale Zakatable? In the Name of Allah,...
Can a Creditor Be Paid Zakat Directly on Behalf of a Debtor?
Question: Can a creditor be paid Zakat directly on behalf of a debtor? In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu...
Is The Profit and Loss Account Used For Zakat Calculation?
Question: Is The Profit and Loss Account Used For Zakat Calculation? In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi...
Is there Zakat on Aviva Life Insurance Plan?
Question: Is there Zakat on Aviva Life Insurance Plan? In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. The...
Is there Zakat on Air Miles?
Question: Is there Zakat on Air Miles? In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. The Answer: Air...
Is it permissible to pay Zakat in installments?
Question: Is it permissible to pay Zakat in installments? In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. The...
Can a debt be relieved as a form of Zakat payment?
Question: Can a debt be relieved as a form of Zakat payment? In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum...
Can Zakat be Used to Buy a Charity Cake in Auction?
Question: Can Zakat be used to buy a charity cake? In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh....
Is Zakat payable on Fixed Term Deposit accounts in Islamic Banks managed under Wakalah?
Question: Is Zakat payable on Fixed Term Deposit accounts in Islamic Banks managed under Wakalah? In the Name of Allah, the Most Gracious, the Most...
