Answered by Shaykh Muhammad Carr Question Do I have to pay zakat on my workplace pension scheme in the UK if its value exceeds the nisab, considering that it is a defined contribution plan funded solely by my employer? Answer In the Name of Allah, the Most Merciful and Compassionate. May Allah reward you abundantly […]

Answered by Shaykh Muhammad Carr Question If I invest in mutual funds and later add more money to the same investment, should I calculate Zakat on the total amount from the date of the original investment or from the date I added the new funds? Answer In the Name of Allah, the Most Merciful and Compassionate. […]

Answered by Mawlana Ilyas Patel Question Can we deduct expected expenses, such as the cost of building a house, which will occur next month, from the zakat and zakat is due this month? Answer In the Name of Allah, the Most Merciful and Compassionate. I pray you are in good faith and health. Thank you […]

Answered by Shaykh Muhammad Carr Question My friend and I co-own a business, with each of us holding a 50/50 share. A year ago, the total value of our inventory exceeded twice the Nisab. However, neither of us individually owns wealth equal to the Nisab, except for our share in the inventory. Is Zakat due on […]