Answered by Mawlana Ilyas Patel Question My mother is handicapped, which limits my ability to invest my wealth or earn income. I have to pay significant zakat on the inheritance I received from my grandparents, and I feel this doesn’t honor their hard work. Does Islam provide exceptions for someone in my situation? What can […]

Answered by Mawlana Ilyas Patel Question If I am 19 but still do not have access to the money, who is responsible for paying zakat on a trust fund exceeding the nisab amount set up by my mother—me or my mother? Answer In the Name of Allah, the Most Merciful and Compassionate. I pray you […]

Answered by Shaykh Irshaad Sedick Question In the Shafi‘i School, can my mother use her zakat money to pay off my father’s debt to my sister, given that she has gold liable for zakat but no income? Answer In the Name of Allah, the Most Merciful and Compassionate Thank you for your question. May Allah (Most […]

Answered by Shaykh Muhammad Carr Question  How is zakat calculated on a halal ETF investment? For example, if an initial investment of $100,000 grows to $125,000, should zakat be paid on the profit alone ($25,000) or the entire investment value ($125,000)? Additionally, does the same ruling apply to RRSPs invested in ETFs? ِAnswer In the […]