Zakat on borrowed money

Fatwa ID: 02996 Answered by: Maulana Muddasser Dhedhy Question: Assalamu Alaikum Wa Rahmatullah I had a question regarding working out zakah for money borrowed out if I borrowed out £20000 and receive it in 5 ...

Application of Zakat on company equity

Fatwa ID: 02992 Answered by: Maulana Muddasser Dhedhy​ Question: Assalamu Alaikum Wa Rahmatullah My question is regarding the zakat on equity. I had received preferential equity shares from my former employer. It wa...

Zakat for person in debt.

Fatwa ID: 02889 Answered by:  Moulana Imran Mughal Question: Assalamu Alaikum Wa Rahmatullah Can Zakat be paid in paying the debt of a person, A needy man owes some money to another person, and you transfer the...

Qurbani being performed in India.

Fatwa ID: 02868 Answered by:  Maulana Muddasser Dhedhy​ Question: Assalamu Alaikum Wa Rahmatullah My son is living in England. He sends money for Eid al azha Qurbani in India. Is it allowed for him to do Qurbani in ...

Zakat on a large loan.

Fatwa ID: 02731 Answered by: Aalimah Nasima Umm Hamza​ Question: Assalamu Alaikum Wa Rahmatullah! Hazrat, I am trying to understand another masala, for example, Zaid takes a loan of $5,000 from his brother, and his ...

Zakah on Equity.

Fatwa ID: 02721 Answered by: Moulana Tahsin Alam Question: My question is regarding the zakat on equity. I had received preferential equity shares from my former employer. It was issued as a free gift in the year 20...

Giving my zakaah to my debtor

Fatwa ID: 02707 Answered by: Maulana Imran Mughal​ Question: Assalamualaikum Salam, I need to ask a question. 1) I gave zakat to my debtor who is liable for zakat and from which after that he paid me the part of the...