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Category: Qualifying Assets

Zakaat On A Shared Pool Of A Company

Question Is there a Zakat on a shared pool of a company? i.e. each year the company always keep some […]

22 July 202622 July 2026Qualifying Assets, Zakaat

How To Calculate Zakaat On A 22 Carat Gold Jewellery Set And A Silver Ring

Question How is Zakaat calculated on  a 22 carat gold jewellery set and a silver ring that is 80g? Answer […]

15 May 202515 May 2025Qualifying Assets, Zakaat

Zakaat On Old Coins Which Are No Longer Valid As Legal Tender

Question After the death of my father, we had inherited a paltry amount of inheritance which I had kept. Given […]

7 March 20254 March 2025Qualifying Assets, Zakaat

Calculating Zakaat On Stock

Question We are in the process of taking stock for our business, we would like to know if we calculate […]

6 March 20254 March 2025Qualifying Assets, Zakaat

Zakaat On Kruger Coins

Question I would like to find out the ruling regards payment of zakaat of a 1oz Kruger coin. Do I […]

5 March 20254 March 2025Qualifying Assets, Zakaat

Zakaat On Debtors (Outstanding Receivables)

Question With regard to debtors , should the full amount be included in the zakat calculation, or only the amount […]

29 October 202429 October 2024Qualifying Assets, Zakaat

Zakaat On Animals Bought For Trade/Resale

Question I have cattle and sheep and goats which I buy to sell. I let them graze them on our […]

12 August 202412 August 2024Qualifying Assets, Zakaat

Zakaat On Raw Materials Used In A Business

Question My mother does embroidery on items as a business. We’ve accounted for the materials etc that she has on […]

19 March 202419 March 2024Qualifying Assets, Zakaat

Zakaat On White Gold

Question Is zakaat payable on white gold?  Answer Yes Zakaat will be payable on it. Checked and Approved By: Mufti […]

15 February 202415 February 2024Qualifying Assets, Zakaat

Zakaat On Produce

Question I would like to enquire regarding a friend of mine who recently had bought a farm. He built a […]

4 November 20234 November 2023Qualifying Assets, Zakaat

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