Rikaz, minerals and extracts from land and sea : Rikaz and minerals

Fatawa Question

Asalam Alikom Wa Rahmatoo Allah Wa Barakatooh, How are you these days, I guess you are following the bad circumstances in our region, the same as here. Is the following info correct ? Minerals : rate of Zakah is fifth =20 % or 2.5 %, depends on cost in finding and extraction. Sometimes it is written in the books fifth and sometimes is one-fifth, actually I discovered that am not good in Math. Buried treasures : rate of Zakah is fifth 20 %, Rikaz : rate of Zakah is 20 %, Extraction from the sea : either 10 % or 5 % depending on efforts. But what is considered the above extractions if it was discovered by non-Muslims and how much the rate will be in each cases ? Wa Salam. Regards

Fatwa

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Publication Date

2006-07-25

Main Subjects

Economics & Business Administration
Islamic Studies

No. of Pages

2

Data Type

Fatawa

Language

English

Record ID

BIM-792379

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