Month: November 2013
To lease out a taxi and charge on a 'per kilometer' basis
Question: Zaid will let Umar drive his taxi on the condition that he pays him $165/100 km. This is regardless of if Umar makes more…
To pay chicks when giving eggs for incubating
Question: Bakr gave Zaid ten eggs to incubate under his hen on the condition that the chicks would be shared equally. Is this permissible? Answer:…
To give sadaqah in the name of a gift
Question: Is it necessary to let the recipient of sadaqah know that it is sadaqah? Answer: حامدا ومصليا ومسلما If the person is eligible to…
Which price to consider when paying zakat on shares
Question: A man purchased shares in a trading company. When the company started, a share cost $500. When the man purchased his share it cost…
Zakat on shares
Question: Zaid bought 15 shares in a company for a total of $5000. Whatever profit is made in the company it is distributed among the…
Is there zakat on cash saved for necessities?
Queston: A man has saved thousands of dollars. A year has also passed while owning it. However he does not have a house, furniture and…
The selling price will be used when calculating zakat
Question: At the time of calculating zakat on merchandise (like clothing etc.) will we use the cost price or the selling price? Answer: حامدا ومصليا ومسلما…
Is there zakat on the ingredients used in a restaurant?
Question: In the restaurant business there is always around $10,000 of raw material (ingredients) like flour, oil, sugar etc. in stock. This stock is also…
Is there Zakat on security deposits?
Question: In Mumbai when renting a house there is a custom of taking a deposit with the rent. It is very difficult to get a…
Allah Reprimands Disbelievers for Wasting their Lives.
Allah Reprimands Disbelievers for Wasting their Lives. Allah the most Exalted addressed the non-believers reprimanding them for wasting their lives, spending them in a…