QUESTION As Salaamu Alaikum, I have a question on Zakaat.If I have a vehicle and I tell someone to work it for me for a specified time and at a specific amount for the week (eg. 2 years) and then it will belong to him,how […]
QUESTION: As Salam Alaikum, I have questions regarding Zakat calculations: Question 1: From the annual calculations of zakat , do we need to deduct the following amount as deductible liabilities from my Assets in order to find the net value on which zakat ( 2.5% […]
If someone has a business renting equipment’s like compactors and jackhammers etc. and the all those tools worth $60,000.00. That person was in a debt and also had to sell a piece of land to repay it and the debt was repaid. The land was […]
Question: Assalaamu Alikum Mufti Waseem I just wanted to find out something with regards to Zakat. If you lend some one money and they have not paid you back up till date..do you still have to include it in the Nisaab when you are calculating […]
Assalamu Aalikum, can I give my Zakaat to the repairs of a masjid? Wa Alaikum Assalaam, No, Zakaah cannot be given to do repairs or maintenance of a Masjid. And Allah Knows Best. Mufti Waseem Khan. 6/6/17.
Asalaam wa Alaikum I have a chronic disease named sickle cell disease which is incurable scientifically I would like to know does this qualify me for Zakaat and how do fast during Ramadhan jazakaAllah. Wa Alaikum Assalaam, الجواب و بالله التوفيق If you are in […]
Assalamu Alaikum, Please confirm this scenario for Zakah payment: I have a savings for the past ten years accumulating to about $48000, which is $400 per month I have been saving. I have always had the Nisaab. Last year I paid Zakah on the […]
UNDERSTANDING THE CALCULATION OF THE NISAAB OF ZAKAAH By Mufti Waseem Khan. The term nisaab refers to the maximum amount of wealth (in savings) a person should possess in order for him to give the compulsory charity, known as Zakaah. It should be understood that […]
Nisab for Zakah By Mufti Waseem Khan The term ‘Zakaah’ in Islam comes from the Arabic word ‘zakaa’ which literally means to purify, to increase, to grow and to be good. In Islamic terminology, it refers to that portion of ones’ wealth which is given […]