Zakat in islam
Imprtance of zakat
And those who hoard the gold and silver and do not spen it in the way of Allah so give them tiding of a punishment painful [Surah Al Toba verse 34]
The person who has some wealth and still does not pay zakat for it is a great sinner in the sight of Allah. He will be severely punished on the day of judgement. The Prophet said: ”The person who possesses gold and silver and does not pay zakah against it. then on the day of judgement. slabs of fire will be made for him. These slabs will be heated in the fire of Hell and his sides. forehead and back will be branded with them. When these slabs become cool. they will be reheated and the entire process will be repeated The Prophet said: “The person who has been given wealth by Allah yet does not pay zakah against it.then on the day of judgement this wealth of his will be turned into a huge poisonous snake which will encircle his neck. It will then tear the sides of his mouth apart and tell him: ‘I am your wealth and I am your treasures We seek refuge in Allah. No one can bear such severe punishment. It is the height of stupidity that we are willing to suffer such a great punishment for our greed and selfishness in this life by refusing to spend in tlie path of Allah the wealth that Allah Himself has granted to us.
zakat on gold or selver
If a person possesses 52-5 tola of silver or 7-5 tola of gold or any cash currency that equals the value of this amount of gold or silver, and this wealth remains in his possession for a complete 1 year then on the expiry of this year it will be wajib on him to give zakah against it. If his wealth is less than this zakah will not be wajib. If it is more than this. zakah will still be wajib A person possessed the complete nisab for about four to six months. Then this nisab decreased, and after about three months he acquired some other wealth (and he once -again possesses the complete nisab, then in such a case zakah will be wajib on him. In other words. if a person possesses the nisab at the beginning and at the end of the year
zakah will be wajib on him. By the nisab decreasing during the course of the year. one is not absolved of paying zakah. However. if he loses his entire wealth only to finds it later, then the year will be calculated from the time that he finds his wealth. (The period prior to that will not be calculated) A person possessed the nisab but prior to the expiry of one year all his wealth is lost and it was not in his possession for the complete year. In such a case zakah will not be wajib
A person possesses the full nisab and also has debts which equal the nisab. In such a case zakat will not be wajib. l f his debts are such that if he were to fulfil his debts he will have a remainder of wealth which will equal the nisab. then zakah will be wqjib on him.
Zakah is wajib on jewellery. utensils. ornaments. and brocades that have been made with gold or silver whether these items are in use or not. However, if they are less than the nisab then zakah will not be wajib
If the gold or silver is not pure but has been mixed with another metal. then one will have to check as to which is more in content. If the gold or silver is more. then the rules which are applicable to both will apply here as well. That is. if they equal the nisab zakah will be wajib. If the content of the other metal is more than that of the gold or selver. it will not be regarded as gold or silver. The rules that apply to brass. copper, steel, tin. etc. will also apply to this metal. These
A person does not have the complete nisab of gold or of silver. Instead. he has a bit of gold and a bit of silver. If both are added together and their value equals the nisab of gold or silver zakah will be wajib. But if they do not equal the nisab of either gold or silver after adding them together,zakah will not be wajib.
A person had money equal to the ,nisab which was over and above his needs. Prior to the expiry of the year, he received an additional amount. This additional amount will not be calculated separately. Instead. it will be added to the original amount and upon the expiry of the year, zakah will be wqjib on the entire amount and it will be regarded as if the original amount and the additional amount was in his possession for one full year
A person had silver which was equal to the nisab. Prior to the expiry of the year, he received an amount of gold (whether more or less than the amount of nisab). This amount will not be calculated separately. Instead. it will be added to the original amount of silver and zakah will be wajib on the total amount upon the expiry of that year
With the exception of gold and silver, the rule regarding all other metals such as steel, copper. brass, etc., .the utensils that are made of these metals, clothing, footwear. and all other such items is that if these items are for the purpose of trade zakah will be wajib on them if they reach the nisab of either gold· or silver and are in the posse·ssion of the person for a period of one year
Zakah is not wajib on household effect such as utensils. pots, big pots, trays, basins, crockery and glass-ware, the house in which one lives, the clothes which one. wears. jewellery made of pearls etc. irrespective of the amount and irrespective of whether they are being used daily or not. However, if they are kept for the purpose of trade. zakah will be wajib on them as well. In short. zakah is not wajib on all items apart from gold and silver if they are not for the purpose of trade. But if they are for trade, zakah will be wajib on them as well
A person owns several homes from which he collects rent. Zakah is not wajib on these homes irrespective of their value. Similarly, if a person purchases some utensils and hires them out zakah will not be wajib on these utensils. In short, by hiring or renting something on zakah does not become wajib on that thing
Zakah is not wajib on clothes irrespective of how expensive they may be. However, if they are embroidered with gold or silver thread and if this thread were to be removed and weighed it will be equal to the nisab, then in such a case zakah will be wajib. But if at does not reach the nisab. zakah will not be wajib.
A person possesses some gold or silver. and some goods for trade as well. All these will have tp be calculated together. If they reach the nisab of either gold or silver, zakah will be wajib. If they do not reach the nisab zakah will not be wajib.
Goods for trade will only be regarded as such if they have been purchased with the intention of resale. If a person purchases some rice or any other item for his domestic needs or·for a weddin& etc. and then decides to sell this item, zakah will not be wajib on this.
Zakah is also wajib on the money that is owed to a person by his debtors
Upon the expiry of the year. zakah should be paid immediately. It is not a good habit to delay execution of a good deed because it is possible that” death may prevent person to execute it. If payment of zakah is delayed to such an extent that the second year also expires. ·the person will be a sinner but he can still repent for this sin and pay it immediate!~ and should not leave it out
Zakah is wajib on 1/40th of all the wealth which a person possesses. That is. Rs.2-50 for every Rs. 100 or Rs.1 for every Rs. 40. At the time of paying zakah to a .poor person. onl! must form a mental intention of paying zakah. If he pays gives it without making any intention. the zakah will not be fulfilled. He will have to pay the zakah again. and he will be rewarded separately for the money that he had paid previously.
If the person did not make the intention of paying zakah at the time of giving it to the poor person. then as long as that money is still in the possession of the poor person. he will be able to make the intention. By making the intention at this stage, his zakah will be fulfilled. But if the poor person has already spent that money, then the intention that is made at this stage will not be considered. He will have to repeat the payment of his zakah