Question: I intend to purchase a property with cash money. My offer has been accepted and the solicitors have started the process, it will take upto three months to complete. Do I have to pay zakat on the money which I will use to purchase the house?
Category Archives: Zakat
Ruling on giving sadaqah money to poor cousins
Question: Can we give sadaqah money to our poor cousins?
Zakat on shares
Question: A person who buys a share at a low price with the intention to sell at higher price in the future. In this situation does zakat become obligatory on the value of the share or on the profit gained?
Ruling of Zakat on Haram money
Question: Is zakat payable on halal and haram income mixed? If so, how do you determine between the two?
Zakat on land
Question: Will zakat be obligatory upon purchase of land?