Giving Zakah to friends and relatives : giving Zakah to in-laws, Zakah on jewelry, etc.

Fatawa Question

Asalamualikum I have a few questions regarding Zakah and I hope you will answer them : 1. Can son in law give zakah to his mother in law ? 2. A lady who has no source of income has got some amount which is more than the Nisab. The amount is approximately USD 7000.00. She lives in a leased house where this amount has been kept as security deposit. So practically she can not use it. She gets some small monthly amount from her relatives for her daily needs. She is divorced and also has a daughetr living with her. Can zakah be paid to this lady ? 3. Some amount has been given to the landlord as security deposit in a rented house. This amount remains with the landlord till the tenency. Is Zakah payable on this amount ? If yes is it payable every year or only once ? 4. What is the ruling of Zakah incase of jewelry ? 5. In case of shares / mutual funds, how is Zakah calculated ? Is it payable on the total value on the day of calculating Zakah or is only the capital gains and the dividend amount used for Zakah calculation ?

Fatwa

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Publication Date

2007-09-15

Main Subjects

Economics & Business Administration
Islamic Studies

No. of Pages

3

Data Type

Fatawa

Language

English

Record ID

BIM-787521

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