Assalam u Alaikum,
I started an RESP accont for my daugter in Dec 2006. This account is dedicated to my daughter and she is the one who can collect this money when she will start gong to University. Money reached to Nisab (On Silver) in almost 7...
Hi,
I wanted some understanding on giving zakaat based on the money you have. So below is an example of a scenario and i would like to know rough approoximate of how much zakaat we should give.
1st Scenario
10k in bank + 15k in stocks and 15k...
Asalamalakum.
I have another question regarding the Zaqat. My father gave me two land pieces, one he gifted me but both are under my name. Few days back I talked to him regarding the Zaqat and told him that if you think about land that was not...
Assalam o alaikum I have few zakat related questions, I am hopeful that you can answer them, JAZAKALLAH. May ALLAH Bless you
1. Are you required to pay zakat on your 401k?
2. Are you required to pay zakat on the gold jewelry that you use i.e...
Assalam o Alaikum,
I hope you are well and staying safe. My name is Dr. Ghulam Muhammad Memon. I give a part of my salary to my father every month. My father dutifully pays zakat on that money every year during the month of ramadan. Due to some...
Assalaam Alaikum WRWB,
I have some queries related to Zakat. I have funds put aside for kids' college tuition in a 529 Plan, they are on 4 kids each of the following ages:
20 Years17 Years14 Years9 YearsWill I have to include those funds in my...
ZAKAT for Loan given to brother and payments to be made in future.
Assalamualaikum
Respected Maulana Sahab,
I have two questions regarding Zakat,
I have given a loan to my brother a few years ago and paying zakat for that amount every year. I want to know is it compulsory to pay zakat for the loan given to...
Asslam U Alikum Mufti Sahab,
I have following questions about the zakat , could you please calrify
1.date calculation on different dates in the past ?
I used to calculate zakat on 3rd Ramadan , then somehow over time I was not consistent I...