Zakaat and Charity
Q: What is the meaning of the terms Lillah and Sadaqah and is there a difference between the two?
Q: Can the debts of a deceased who was eligible to receive Zakaat be paid with Zakaat monies ?
Q. What happens if one’s Zakatable assets get destroyed after the Zakatable year has passed but before discharging the Zakah?
Q. How is Zakah calculated on shares/unit trusts and partnerships?
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Q. What are the conditions for the validity of discharging Zakah?
Q. Can Zakah be given to someone else to discharge on one’s behalf ?
Q. What value should be considered when calculating stock in trade?
Q. Is Zakah compulsory on gold and silver that is for personal use?
Q. How does one calculate Zakah and does assets have to be in one’s possession for a complete year?
