FREQUENTLY ASKED QUESTIONS
One of the Five Pillars of Islam, the meaning of Zakat is literally ‘that which purifies’. The obligatory charitable contribution is meant to not only support communities and families living in poverty but purify your wealth in the name of Allah SWT.
The rules of Zakat are laid out in the Qur’an as given by the Prophet (PBUH) and include details around how much Zakat is, when to pay Zakat, how much Zakat to pay and who we can give Zakat to. Although the rules can be interpreted differently by different Islamic schools of thought, they follow a basic structure.
Zakat is calculated as 2.5% of wealth outside of our daily means
Zakat is paid after excess wealth has been held for a full Hawl (Islamic year)
The Zakat you pay will depend on how much excess wealth you have minus your responsibilities
Those eligible to receive Zakat are defined as;
– Fakir, the poor
– Miskin, the hungry
– Amil, those who distribute Zakat
– Riqab, those living in slavery
– Gharmin, those living in unmanageable debt
– Fisabilillah, those who fight in Allah’s SWT name
– Ibnus Sabil, stranded travelers who are without support
– Muallaf, new joiners of the faith or friends of the Muslim community
The Nisab threshold is the minimum amount of wealth you must hold to be considered eligible for Zakat and is calculated on the current price of silver to the weight of 612.36 grams and gold to the weight of 87.48 grams.
Zakah Funds have been disbursed to Muslims and non-Muslims in dire need of financial assistance, medical bills, school fees and orphanage homes. The Organisation has remained steadfast in transparent discharge of funds received. We most humbly submit that at CMO, any amount donated as Zakah is delivered 100% to the target beneficiaries’ in line with the Sunnah. All additional cost incurred in the process of zakah disbursement is payed for by CMO. This way, CMO technically adds value to the money provided as Zakah without taking “Administrative Charges”.
There is no fixed date for Zakat contributions – the timeframe in which you must pay will depend on when your wealth first crossed the Nisab threshold. After a full Hawl has passed, this is known as the Zakat year and will be the date your Zakat is due.
As the value of silver and gold fluctuates daily, the Nisab threshold value for Zakat also changes regularly. Current prices for gold and silver are available from your local jewellers or official gold bullion seller.
Zakat is calculated on held wealth that exceeds the Nisab threshold value at the Zakat percentage of 2.5%. Your wealth takes into consideration saved cash (for any purpose), personal gold and silver, personal investments including stocks and shares, loans and personal debts. Not included in your Zakat calculation is the value of your house where you live, the car that you use and your monthly bills and responsibilities. Additional properties and vehicles should be included in your Zakat calculations.
To help you how to work out Zakat, we have updated our Zakat calculator for 2020 so you can be confident in your contribution amount for this year. Donate your Zakat with crystal Muslim organization today.
If a full Hawl has not passed since you first crossed the Nisab value or when you last paid your Zakat, you can still pay during Ramadan but should make sure you have no future obligations or responsibilities that could be affected by early payment.
No; mosques, accommodation and buildings of any purpose are not considered a supported cause in the Zakat rules.
It’s most common to use the silver Nisab threshold to calculate your Zakat as this provides the greatest amount of help to communities living in poverty or without food. Your local imam or scholar will advise whether you should use the Nisab value for gold or silver.
Zakat Frequent ask questions for Families
There are many queries around the giving of Zakat to family members and whether this is considered acceptable if your family member is eligible to receive Zakat. We have provided answers to some of the most common questions.
No. Zakat cannot be given to any family member that is dependent on you or whom you are already obligated to support, for instance, a parent to their child or a child to their parent.
While a husband is obligated to support his wife and cannot donate his Zakat, a wife can give her Zakat to her husband if he falls under one of the eli-gible groups for receiving Zakat.
There is no obligation for aunts and uncles to support their nieces and nephews or the other way around, children are not responsible for their parent’s siblings. It is permitted to give Zakat to an aunt or uncle, as long as they are considered eligible to receive Zakat donations.
No, as a mother cannot give Zakat to her son, children are not permitted to give Zakat to their parents as they are expected to look after their parents once they become independent adults.
Siblings are not considered a dependent of each other and it is permitted for siblings to donate Zakat to a sister or brother if they are considered eligible to receive Zakat contributions.