Property and Zakat

III. Zakat on Landed property Zakat is not payable on the following properties.  a) Personal residential houses even if they are more in n...

1. An employee saves a certain amount from his monthly salary. How can he calculate the amount of Zakah due on his savings, bearing in min...

These are funds invested in various assets. Establishments make these investments when there is a surplus in their funds after financing ...

VI. Zakat on Cash and Bank Balances Zakat is payable on all cash balances and bank balances in form of balance in savings account, curren...

These are the liabilities of Companies or Establishments due to others. They include long and short term loans, creditors, notes payable,...

Definition of legal tender: The phrase 'legal tender' implies all currencies whether banknote or coins, no matt...

1. An employee saves a certain amount from his monthly salary. How can he calculate the amount of Zakah due on his savings, bearing in min...

IX. Zakat on Animals including poultry and fish farming On all grazing animals like goats, sheep, camel, cows, broiler chickens, of aver...

Abu Hanifah and Ibn Hazm hold that zakah is compulsory on gold and silver jewelry provided they constitute a nisab. Their view...

The Concept of Calculating Zakah This concept covers the proc...