Zakaat on upcoming installments

Fatwa ID: 02267 Answered by Molana Eunus Ali Question: Assalaamu alaikum, I have purchased an off-plan property and have set aside an amount which I will have to pay to the developer over the next two years. Is...

Zakat for sisters education

Fatwa ID: 02266 Answered by Moulana Javed ibn Nazir Kachhalia Question: Dear Brother, Assalamualikum, Can I spend my zakat amount on my sister's education. Kindly assist me in this regard. Waiting for your reply...

Zakat on shares

Fatwa ID: 02264 Answered by Ustadha Umm Abdullah Question: How the zakat on shares is calculated Answer: A share is a token of ownership in a company, if a person has invested his money in a business and thus become...

Deducting expenses from zakah

Fatwa ID: 02254 Answered by Molana Muhammad Afzal Hussain Question: Is it possible that giving zakah could render one unable to cover immediate basic living costs, so could one deduct such expenses before  calc...

Calculating zakat before or after profit

Fatwa ID: 02232 Answered by Maulana Mujahid hussain Question: I have a mini business which I usually run at charity events by hiring out stalls. The items I sell are personalised items, so I purchase pens, pencils, ...