Zakat

January 25, 2025 5 mins

Is Zakat Payable on Cryptocurrencies?

Answered by Shaykh Muhammad Carr Question  What is the ruling on paying zakat on cryptocurrency, such as Bitcoin or Ethereum? If I have not paid zakat on my crypto holdings since acquiring them, have I sinned, and is my wealth halal? ِAnswer In the Name of Allah, the Most Merciful and Compassionate. I pray you […]
January 22, 2025 3 mins

Can Zakat Be Given to Students for Education Expenses?

Answered by Shaykh Dr. Muhammad Abu Bakr Badhib Question Is it permissible to give zakat to students who need help covering their education expenses? Answer In the name of Allah, and all praise is due to Allah, and blessings and peace be upon our master Muhammad, the Messenger of Allah, his Family, his Companions, and […]
January 18, 2025 3 mins

What Is the Ruling on Giving Zakat Before Its Due Time?

Answered by Shaykh Dr. Muhammad Abu Bakr Badhib Question What is the ruling on giving zakat before its due time? Answer In the name of Allah, and all praise is due to Allah, and blessings and peace be upon our master Muhammad, the Messenger of Allah, his Family, his Companions, and those who follow him. […]
January 18, 2025 3 mins

How Is Zakat Calculated on Savings Held in Banks?

Answered by Shaykh Dr. Muhammad Abu Bakr Badhib Question How is Zakat calculated on savings held in banks? Answer In the name of Allah, and all praise is due to Allah, and blessings and peace be upon our master Muhammad, the Messenger of Allah, his Family, his Companions, and those who follow him. Same Rule […]
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