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ibrahim
Moderator
PAKISTAN
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 Topic initiated on Tuesday, June 17, 2008 - 10:20 AM 
Welcome to the "The Zakah" course
Assalam o Alaikum everyone,
I welcome you all to our this latest course. Please feel free to get in touch with me in case you are confronting any problems related to the course.
I sincerely hope and pray that by the end of this course you have developed a sound understanding about Zakah, the most important worship in Islam after Prayer.
All the best for this course |
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llina
GERMANY
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Posted - Sunday, June 22, 2008 - 1:55 PM 
Assalamu aleikum,
many thanks for this course and jazak Allahu khairun.
One should know that the deuteronom and leviticus are books from the tora. Just thought I mention it here maybe someone did not know.
----- After having read the coures I still wonder how to apply in my daily life. I will know one day inshaAllah |
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ibrahim
Moderator
PAKISTAN
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Posted - Monday, June 23, 2008 - 4:59 AM
wa alaikum us Salaam
May I know what problem you are feling to apply Zakah rules in your daily life?
Thanks for your appreciation & explaination. |
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llina
GERMANY
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Posted - Sunday, June 29, 2008 - 7:47 PM
assalamu a leikum
I meant when I have books at home or tv or other things alike.
Do I have to give zakat for that?
wa salam |
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ibrahim
Moderator
PAKISTAN
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Posted - Monday, June 30, 2008 - 5:32 AM
wa alaikum us salaam dear
plz note that you one doesn't need to pay zakah on the propert/household items etc. that are in use like home, car, books, tv & other things like.
This means that Zakah is on your anual savings or on your income. |
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atifrafi
PAKISTAN
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Posted - Monday, June 30, 2008 - 10:26 AM
Assalam o Alaikum Sir,
This is a great course and I am sure this will be very helpful for people like me. Sir, Currently I am not studying this course due to some other assignments and another course at your website. I hope still I can ask some of my problems:
1. I have some amount with me which I have invested at Amdan Certificates of Meezan Bank. The Bank claims to be Islamic bank and dispurse profit not interest. I want to ask about the zakah which I have to pay? Do I have to pay on profit? If yes, what should be the ratio? Please note that Profit is paid on monthly basis. Also please mention if it is ok in investing such certificates.
2. According to your poingt of view, a salaried person should pay 10% zakah from each month's salary ( If I have understood it correctly ) but Government is NOT allowed to take any other TAX. In our country, we have to pay lots of taxes which may be deducted from the Zakah. My main problem is How to calculate the TAX paid in a month as there are so many hidden taxes on everything you buy, go out for eating, for any entertainment, tax paid in different utility bills, buying any thing from anywhere whcih may be as small as a cold drink. All this makes it almost impossible to calculate the amount of tax paid by any person in one month. In this case, what should we do to calculate the exact Zakah?
If the government is only taking Zakah, then it would be much simple and easy to pay 10% of my salary, but now its next to impossible, specially for person like me who is very bad in maths :)
I hope I am able to clarify my questions.
Regards |
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ibrahim
Moderator
PAKISTAN
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Posted - Wednesday, July 2, 2008 - 4:55 AM
wa Alaikum us Salaam brother Atif
Here is the reply of your Qs:
Zakat on Amdan Certificates of Meezan Bank will be paid on the Profit with 10% ratio.
To have a deep look on Amdan Certificates of Meezan Bank we'll need to study them in detail. Or you can trust their words.
yes you are right that a salaried person should pay 10% zakah from each month's salary if it exceeds the nisab. And again you are right that we should calculate all type of paid taxes & then deduct them from the Zakat amount.
Brother if your maths is not good than you can have a rough estimate calculated by you or any other person who is good in maths. by the way if you spend 20,000/month then 10% paid tax will be 2000. It looks simple. |
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atifrafi
PAKISTAN
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Posted - Friday, July 4, 2008 - 7:21 AM
Assalam o Alaikum Sir,
Thanks for your clarifications. I think i wasn't able to clarify my last question. I'll try it again. For Example my salary is 20,000/month, Zakat will be 2000. This is simple, but my problem is little bit different.
I know I have to pay 2000/month. Now, say 500 are deducted from my salary as Income Tax. I can deduct it from my Zakat, so 2000 - 500 = 1500. Now, I pay almost 300 as taxes in bills so remaining amount is 1200. If I have to pay this 1200 that is also simple. But, the main problem arises that we also pay lots of taxes when buying anything like food items, stationary, medicine, and almost each and everything. To calculate this amount, which we are paying un-knowingly, is a problem.
I hope this time I am able to clarify. |
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ibrahim
Moderator
PAKISTAN
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Posted - Friday, July 4, 2008 - 8:14 AM
wa alaikum us salaam brother
well, I understood your last Q but it looks that i was unable to convey fully my reply. Now it looks easy to giv you answer according to your given example.
If you spend 12,000 in buying different things then it means that you've paid your remaining zakat of 1200 taking Sales Tax ratio as 10% approximately. But if you spend less than 12,000 then you will have to pay the remaining zakah only.
i've taken ratio of sales tax as 10% just to make calculation easy. If possible you can calculate it with its exact ratio.
I hope this time I am able to clarify. |
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azninasiti
MALAYSIA
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Posted - Tuesday, September 23, 2008 - 8:21 AM
| I also wondered where did the verses come from. I was so confused about Leviticus and Deuteronomy. |
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ibrahim
Moderator
PAKISTAN
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Posted - Wednesday, September 24, 2008 - 6:18 AM
Deuteronomy is the fifth book of the Hebrew Bible and of the Old Testament.
&
In Judaism Leviticus is the third book of the Torah which are the five books of Moses. |
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SaniyaHaseeb
PAKISTAN
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Posted - Friday, October 3, 2008 - 1:47 PM
Salamz ,
Im confused a little about the industrial produce and Wealth zaka .
If we have paid zakat say 10% of the produce . then 90% becomes my wealth . and on this 90% i have to pay 2.5% again at end of year .
Please correct me if i am wrong .
Thank you . |
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SaniyaHaseeb
PAKISTAN
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Posted - Friday, October 3, 2008 - 1:52 PM
Salamz,
My husband is a trader and he trades spare parts of various machinert . now there is a certain %age of his stock which is a dead stock for him . whihc he is quite sure that he will never be able to sell . but as value ( purchase value ) , it is quit high . now is he supposed to pay zakat on that too . ?
for the land which i have bought as an investment for my child education/marriage etc i have to pay zakat at the time i sell it and pay 10% of the amount considering it as industrial produce or should i pay 2.5% of it current market value every year ?
W'Salamz |
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ibrahim
Moderator
PAKISTAN
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Posted - Monday, October 6, 2008 - 5:58 AM
quote:
Salamz ,
Im confused a little about the industrial produce and Wealth zaka .
If we have paid zakat say 10% of the produce . then 90% becomes my wealth . and on this 90% i have to pay 2.5% again at end of year .
Please correct me if i am wrong .
Thank you .
w salam dear sister in Islam
Yes you are almost right. Just correct here that what becomes your wealth You've to pay 2.5% of its saving only at the end of the year.
Also note that End of the Year means the day of the year on which you calculate your Zakat every year.
I hope your confusion is over now. |
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SaniyaHaseeb
PAKISTAN
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Posted - Tuesday, October 7, 2008 - 6:10 AM
Thank you Brother
. one thing more when we talk about industrial produce . for manufacturing factories, for service companies, for uneversities etc there are 2 types of profits in Financial terms one is what we call Gross profit and other is Net proit and then there is one another Net Income after Taxes . then furthur on in limited companies there are dividendts , and drawings too . do we have to apply 10% on all ?
also please confim Zakat is applied on company's profit/income too or they are aplied to personal incomes only .
Thaknyou
Edited by: ibrahim on Tuesday, October 07, 2008 10:24 AM |
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ibrahim
Moderator
PAKISTAN
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Posted - Wednesday, October 15, 2008 - 6:41 AM
Salamquote:
My husband is a trader and he trades spare parts of various machinert. now there is a certain %age of his stock which is a dead stock for him. whihc he is quite sure that he will never be able to sell. but as value (purchase value), it is quit high. now is he supposed to pay zakat on that too?
well, your husband need to pay 2.5% of the total stock on his day of Zakat (1st Ramadan/Jan. etc.) according to the Islamic Law in case his dead stock is expected to be sold in near futur though very slowly. But if his dead stock is of type that is not expected to be sold in near future then it may be left aside especially if it's in a huge quantity.
Nevertheless it shud be in his mind that if he'll pay zakat on it despite being a dead stock, he'll earn a great reward from the God.
Regards |
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