Browse one of the world's largest database of Islamic finance Q&As available online.
Search Results
Zakat On Stolen, Lost Or Destroyed Property
Zakat is not due on zakatable property that is accidentally stolen, lost or destroyed before its zakat is distributed; though zakat is due on...
Zakat is not due on zakatable property that is accidentally stolen, lost or destroyed before its zakat is distributed; though zakat is due on...
Zakat On Masjids And Property For Jihad
Zakat is not due on masjids or property used for conducting military jihad, such as weaponry, vehicles, storage houses, and the like.
Zakat is not due on masjids or property used for conducting military jihad, such as weaponry, vehicles, storage houses, and the like.
Zakat is not due on property that is already charged ushr (payment on farm produce).
Late Payment Of Zakat And Unpaid Zakat Liability
Late payment of zakat is an enormity and any unpaid zakat, even for previous years, must be calculated and paid immediately, accompanied by a...
Late payment of zakat is an enormity and any unpaid zakat, even for previous years, must be calculated and paid immediately, accompanied by a...
Zakat As An Allowable Tax Deduction
Depending on the tax jurisdiction, from a Shariah perspective it would be permissible to deduct zakat from one’s taxable income as one would a...
Depending on the tax jurisdiction, from a Shariah perspective it would be permissible to deduct zakat from one’s taxable income as one would a...
Authorizing Third-Party To Distribute Zakat
Just as it is permissible to give zakat to those authorized to collect and distribute zakat, so too it is permissible to appoint a third party to...
Just as it is permissible to give zakat to those authorized to collect and distribute zakat, so too it is permissible to appoint a third party to...
Zakat To Non-Muslims
Non-Muslims may not receive zakat, though they may receive charity.
Non-Muslims may not receive zakat, though they may receive charity.
Value Assessment Of Tradable Goods For Zakat
Tradable goods are assessed at the end of every zakat year according to their current market value rather than their historical cost basis (i.e....
Tradable goods are assessed at the end of every zakat year according to their current market value rather than their historical cost basis (i.e....
Zakat On Property Held Less Than One Year
There is no zakat on property owned for less than one lunar year, including loss of ownership even if for a moment during the year, and loss of...
There is no zakat on property owned for less than one lunar year, including loss of ownership even if for a moment during the year, and loss of...
Disclaimer: Although care has been taken in preparing the information contained in this Q&A database, Ethica Institute of Islamic Finance cannot guarantee the accuracy thereof. Anyone using the information does so at their own risk and shall be deemed to indemnify Ethica Institute of Islamic Finance from any and all injury or damage arising from such use. One should double check with a qualified scholar to see whether the Q&A applies to one's particular situation.
ASK AN ISLAMIC FINANCE QUESTION
Each question is reviewed by an Islamic finance expert and approved by a scholar.
