I have lent some money to a close relative who is going through tough times in his life. I want to know if I am liable to pay Zakāh on the money I have lent?
You are not liable to pay Zakāh on the amount you have lent for such purposes if your date for Zakāh giving arrives. It is serving the needs of the society. You will be now liable for Zakāh once you receive the money.
The Qur’ān has not explicitly mentioned the share of a grandfather in the legacy of his grandchild nor that of a grandchild in the legacy of his grandfather. However, since the words أولاد ( awlād ) a...
The Islamic law of inheritance is mentioned in the eleventh and twelfth verses of Sūrah Nisā’. In these verses, the Almighty has promised eternal punishment for those who have the audacity to change t...
Insurance is a sort of contract for mutual help in which people pay a fixed amount in installments. The purpose is that if any of them is inflicted with losses relating to their persons or their wealt...
