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What is Islam - eBook
The following types of wealth are regarded as zakaatable wealth (wealth upon which zakaat is payable):
1. Cash (including cash in the bank) [1]
2. The market value of the merchandise contained in the share of the company [2]
3. The market rate of the balance of stock in trade (including raw materials) [See 2]
4. Receivable amounts i.e. debts owed to a person, monies loaned to people, etc. [3]
5. Foreign currencies [See 1]
6. Gold and silver [4]
7. Face value of the financial papers such as bonds loaned to the government, etc. [See 3]
Note: It should be borne in mind that bonds loaned to the government is not permissible as it is an interest-bearing loan. However, if one had got involved in it, then when the loan is paid back by the government, it will only be permissible for one to retrieve the original amount of the loan given. The interest amount paid out by the government will be impermissible. It will have to be given in sadaqah without the intention of receiving any reward. Similarly, it should be known that it is impermissible for a believer to deal in any form of interest (usury) whether it be receiving or giving an interest-bearing loan.
Zakaat is fardh upon a person who meets the following criteria:
1. He is a Muslim
2. He is an adult (baaligh)
3. He is a sane person
4. He is a free person (not a slave)
5. He possesses zakaatable wealth which is equal to or exceeds the nisaab amount, and he possesses this wealth for an entire lunar year. [1]
Upon the completion of the Jumu’ah in Banu Saalim, Rasulullah (sallallahu ‘alaihi wasallam) mounted his camel and continued in the direction of Madinah Munawwarah. He seated Hazrat Abu Bakr (radhiyallahu ‘anhu) directly behind him on the camel. A vast number of the Ansaar, armed with their weaponry, were walking to his right, to his left, in front of him and behind him.
Sunnats and Aadaab of Discharging Zakaat – Part Three
Written by user27. Ensure that you do not give less than the amount that is obligatory upon you. Zakaat must be discharged after correctly calculating the amount that is due. Do not merely estimate the amount and discharge zakaat, as it is possible that you may estimate a lesser amount and fail to discharge your zakaat correctly.
8. Refer to the Ulama to learn the correct method of calculating zakaat. [1]
[1] وَمَا أَرْسَلْنَا مِنْ قَبْلِكَ إِلَّا رِجَالًا نُوحِيْ إِلَيْهِمْ فَاسْئَلُوْا أَهْلَ الذِّكْرِ إِنْ كُنْتُمْ لَا تَعْلَمُوْنَ (سورة النحل: 43)
The First Jumu’ah Khutbah of Rasulullah (sallallahu ‘alaihi wasallam)
Written by user2The khutbah (sermon) which Rasulullah (sallallahu ‘alaihi wasallam) delivered on the occasion of the first Jumuah which he performed – the Jumu’ah in Banu Saalim - was such that its every word was saturated in eloquence, its every letter was a cure for spiritual maladies and a source of life for the spiritually dead hearts, and its every word was sweeter and more enjoyable than exquisite wine. The words of this khutbah are as follows:
(الحمد لله) أحمده وأستعينه وأستغفره وأستهديه وأؤمن به ولا أكفر وأعادي من يكفره
“All praise is due to Allah. I glorify Him, I beseech His assistance, I beg His forgiveness and I plead to Him for His divine guidance. I bring imaan in Him and I do not disbelieve in Him, and (in fact,) I oppose those who disbelieve in Allah.”
The First Jumu’ah Salaah and Jumu’ah Khutbah of Rasulullah (sallallahu ‘alaihi wasallam)
Written by user2On the occasion of the hijrah, Rasulullah (sallallahu ‘alaihi wasallam) arrived in Quba before coming to Madinah Munawwarah. Rasulullah (sallallahu ‘alaihi wasallam) stayed in Quba for a few days, after which he mounted his camel and departed for Madinah Munawwarah on a Friday.
On the road from Quba to Madinah Munawwarah lies the locality of Banu Saalim. Rasulullah (sallallahu ‘alaihi wasallam) reached Banu Saalim at the time of Jumu’ah, and hence Rasulullah (sallallahu ‘alaihi wasallam) performed the Jumu’ah here. This was the first Jumu’ah khutbah and Jumu’ah salaah which Rasulullah (sallallahu ‘alaihi wasallam) performed in Islam.
4. Regard the recipient of the zakaat as doing you a favour, as he is the means of you fulfilling your fardh obligation. Through him accepting your zakaat, he is cleansing your wealth from impurity. [1]
5. Give the zakaat to the recipient with respect and dignity. You should not cause any pain to the recipient of zakaat e.g. by embarassing him or reminding him of your favour upon him. [2]
6. Do not discharge zakaat for show nor publicize the amount of zakaat you have discharged. Carrying out good deeds for show and ostentation destroys the rewards of the good deeds. [2]
1. When discharging zakaat, ensure that you discharge the zakaat from pure, halaal earnings. It is reported in the Hadith that Allah Ta‘ala does not accept charity given from impure wealth (i.e. haraam or doubtful wealth). [1]
2. Discharge zakaat with complete sincerity and with the intention of fulfilling the command of Allah Ta‘ala and earning His pleasure. [2]
3. Zakaat must be given happily and wholeheartedly. Do not regard zakaat to be a tax or a burden. [3]
Serious Consequences for Neglecting the Obligation of Zakaat
Written by user2Not Receving Reward for One’s Salaah
Hazrat Abdullah bin Mas’ood (radhiyallahu ‘anhu) mentioned, “We have been commanded to establish salaah and discharge zakaat, and the one who does not discharge his zakaat, there is no salaah for him.” [1]
The Ulama explain this Hadith to mean that though the obligation of salaah will be fulfilled, the person will not receive any reward for his salaah on account of him not discharging his zakaat. From this Hadith, it is clear that when a person neglects one branch of Deen, a detrimental effect is witnessed in all the other branches of Deen. Hence, just as neglecting zakaat impacts on salaah, similarly neglecting salaah will impact on zakaat and all the other branches of Deen. [2]