Zakaah
Zakaah
you who believe Give away some of what we have provided for you before a Day orrives on which there is no trading, no close friendship and no intercession.
spend and do not calculate, (for) Allah would calculate in your case: and do not hoard, otherwise Allah would be withholding from you.
The importance of Zakaah
Zakaah literally means to increase. Technically it means to purify one's position of wealth by distributing a prescribed amount which has to be given to the poor as a fundamental Ibaadah (act of zakaah is a monetary devotion and an Ibaadah which has been ordained in the Shariahs of all the Prophets. Zakaah is one of the five pillars of Islam.
Zakaah literally means to increase. Technically it means to purify one's position of wealth by distributing a prescribed amount which has to be given to the poor as a fundamental Ibaadah (act of zakaah is a monetary devotion and an Ibaadah which has been ordained in the Shariahs of all the Prophets. Zakaah is one of the five pillars of Islam.
It is not a governmental tax, but its main purpose is to cleanse and protect the remaining wealth and to help the poor and needy Zakaah was made compulsory at Makkah at the same time as Salaah. This can be seen in the Surahs of the Qur'an where the laws of Zakaah are mentioned. The amount and distribution etc. was defined at Madinah in the second year Hijri
Types of wealth on which Zakaah is Fardh
●Zakaah is Fardh on gold and silver, be it in the The value jewellery, cash, bank notes, utensils or any other form. of these should be equal to the amount which is shown under the Nisaab rate.
●Zakaah is Fardh on gold and silver, be it in the The value jewellery, cash, bank notes, utensils or any other form. of these should be equal to the amount which is shown under the Nisaab rate.
●If the gold possessed is not equal to the value of 87.48 grams or 612.36 grams, but the silver possessed is not equal to the value of of either the Nisaab value of both combined is equal to the value of gold or silver, then Zakaah will be Fardh.
● In the event of an item not being of pure gold or pure a of other and the gold or more than the other metal, it will be regarded as gold or silver and zakaah on this will be Fardh. But in the case where the metol is of greater than either the gold silver, zakoah wil not be on that item
● If a person has 620 grams of silver (which is more than and before a whole year has elapsed he acquires 50 grom of gold (which is less than the Nisaab), then the value of this gold must be added to the value of the silver and thereafter the Nisaab calculated The two must not be calculated separately this will be a cause of avoiding Zakaah.
● of Nisaab
● Zakaah is Fardh on livestock.
● Zakaah is Fardh on livestock.
● Zokoah is Fardh on the income of properties if it is equal to the value of Nisaab
● Zakoah is Fardh on the income derived from a hiring business such as crockery, motor cars, vans and trucks etc
Types of wealth on which Zakaah is not Fardh
● Amy other metal besides gold and silver
● on fixtures and fittings of a shop, motor car, truck or any delivery vehicle etc. which is used in running a business.
● On diamonds, pearls and other precious or semi-precious stones which are for personal use. (Zakaah is payable on the gold or silver used in making jewellery with diamonds or pearls etc. There is no on imitation jewellery)
● On number of living quarters, household furniture, crockery or personal whether they are in use or not. However, does not justify
● on a person whose liabilities exceed or equal his assets
● A person has £300.00, but owes E200.00 then kaah is not due on the £200.00 but only on the remaining £100.00 104
● on fixtures and fittings of a shop, motor car, truck or any delivery vehicle etc. which is used in running a business.
● On diamonds, pearls and other precious or semi-precious stones which are for personal use. (Zakaah is payable on the gold or silver used in making jewellery with diamonds or pearls etc. There is no on imitation jewellery)
● On number of living quarters, household furniture, crockery or personal whether they are in use or not. However, does not justify
● on a person whose liabilities exceed or equal his assets
● A person has £300.00, but owes E200.00 then kaah is not due on the £200.00 but only on the remaining £100.00 104
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