Fiqh-us-Sunnah Volume 3, Zakaat and Fasting, Fiqh 3.013A.

Section : Zakah on Gold and Silver.Says Allah concerning zakah on gold and silver: "...As for those who hoard treasures of gold and silver and do not spend them for the sake of Allah - warn them of grievous suffering [in the life to come]" [at-Taubah 34]. Thus, zakah is prescribed for gold and silver … Continue reading Fiqh-us-Sunnah Volume 3, Zakaat and Fasting, Fiqh 3.013A.

Fiqh-us-Sunnah Volume 3, Zakaat and Fasting, Fiqh 3.013B.

Section : The Nisab of Gold and Its Due.The minimum of nisab for gold is twenty dinars owned for one year. Its due is a quarter of a tenth, that is, half a dinar. For any amount over twenty dinars, a quarter of a tenth is levied upon it. 'Ali reported that the Prophet, upon … Continue reading Fiqh-us-Sunnah Volume 3, Zakaat and Fasting, Fiqh 3.013B.

Fiqh-us-Sunnah Volume 3, Zakaat and Fasting, Fiqh 3.014.

Section : The Nisab of Silver and its Due.There is no zakah on silver until the amount exceeds two hundred dirhams. The amount payable is a quarter of a tenth for any amount. There is no zakah exemption on (silver) coins if they attain a nisab.'Ali reported that the Prophet, upon whom be peace, said: … Continue reading Fiqh-us-Sunnah Volume 3, Zakaat and Fasting, Fiqh 3.014.

Fiqh-us-Sunnah Volume 3, Zakaat and Fasting, Fiqh 3.014A.

Section : Combining Gold and Silver.If a person owns gold and silver, but neither of them on its own constitutes a nisab, he should not combine the two in order to obtain a nisab. This is because they are not of the same kind. The basic rule is that no category can be combined with … Continue reading Fiqh-us-Sunnah Volume 3, Zakaat and Fasting, Fiqh 3.014A.

Fiqh-us-Sunnah Volume 3, Zakaat and Fasting, Fiqh 3.015.

Section : Zakah on Debt.Debts are of two kinds: 1. A debt which is acknowledged by the debtor with the willingness to pay it off, and 2. A debt which is not acknowledged either because the borrower is insolvent or its payment is deferred.In the first case, scholars have formed the following views:: The first … Continue reading Fiqh-us-Sunnah Volume 3, Zakaat and Fasting, Fiqh 3.015.

Fiqh-us-Sunnah Volume 3, Zakaat and Fasting, Fiqh 3.016A.

Section : Zakah on Jewellery.Scholars agree that no zakah has to be paid on diamonds, pearls, sapphires, rubies, corals, chrysolite, or any kind of precious stones unless they are used for trade. There is, however, disagreement over whether women's gold or silver jewellery is exempt. Abu Hanifah and Ibn Hazm hold that zakah is compulsory … Continue reading Fiqh-us-Sunnah Volume 3, Zakaat and Fasting, Fiqh 3.016A.

Fiqh-us-Sunnah Volume 3, Zakaat and Fasting, Fiqh 3.017.

Section : Zakah on a Woman's Dowry.Abu Hanifah is of the opinion that there is no zakah on the dowry of a woman until she comes to possess it. At the same time, the dowry must constitute the nisab at the end of the year. The position, however, will be different if the woman has … Continue reading Fiqh-us-Sunnah Volume 3, Zakaat and Fasting, Fiqh 3.017.

Fiqh-us-Sunnah Volume 3, Zakaat and Fasting, Fiqh 3.017A.

Section : Zakah on House Rent.Abu Hanifah and Malik maintain that the rent is not payable to the landlord at the time of the contract but at the expiry of the renting period. Thus, the landlord who rents out a house should pay the zakah on his house rent, provided the fixed amount meets the … Continue reading Fiqh-us-Sunnah Volume 3, Zakaat and Fasting, Fiqh 3.017A.

Fiqh-us-Sunnah Volume 3, Zakaat and Fasting, Fiqh 3.018.

Section : Zakah on Trade.The majority of scholars among the companions, the followers, the generation after them, and the jurists who came subsequently held that zakah on merchandise is compulsory. Abu Dawud and alBaihaqi relate that Samurah ibn Jundub reported: "The Prophet, upon whom be peace, used to command us to pay sadaqah from [the … Continue reading Fiqh-us-Sunnah Volume 3, Zakaat and Fasting, Fiqh 3.018.

Fiqh-us-Sunnah Volume 3, Zakaat and Fasting, Fiqh 3.019.

Section : When Goods can be Judged as Trading Goods.The author of al-Mughm states that: "Merchandise can only be considered as trading goods for two reasons: 1. The actual possession of merchandise is acquired by an act such as a commercial transaction, marriage, divorce demanded by the wife (khul'), acceptance of a gift, bequest, booty, … Continue reading Fiqh-us-Sunnah Volume 3, Zakaat and Fasting, Fiqh 3.019.