Zakat is the concept of obligatory charity in Islam. It is in a sense a way to give back, out of one’s own wealth, to those less fortunate.
In a world of gross social and economic inequality, it is vital for Muslims to uphold the tradition of Zakat. Your Zakat last Ramadan enabled us to better thousands of lives.
Debts are deductible from your Zakatable total if they are to be repaid in full within the next 12 months.
Debts not repayable at all in the next 12 months are NOT deductible.
If debts are payable by instalment, then 12 months debt is deductible.
Zakāt can only be given to either a needy person who does not own in excess of his personal needs any surplus asset that is equal to the value of Nisāb or a debtor whose liabilities exceed Zakātable and surplus assets.
Zakāt cannot be given to construction projects, rich people, non-Muslims or the descendants of ‘Abbas, Harith, Ja’far and Aqeel Radhiallahu anhum.
One cannot give Zakāt to one’s parents, grandparents, children or spouse.
It is permissible to give Zakāt to one’s needy brother or sister.
“FAQs courtesy of www.darulfiqh.com”
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