Knowledge Bank Find out everything you need to know about Zakat through our Knowledge Bank. Knowledge Bank Knowledge Bank Zakatable assets Zakatable assets Is there any additional fine or monetary penalty for missing Zakat? Keep reading Zakatable assets Is there a difference of opinion with regards to the passing of a year? Keep reading Zakatable assets Is the year used for all Zakatable assets? Keep reading Zakatable assets Is the silver Nisab or gold Nisab used to assess Zakat obligation? Keep reading Deductible liabilities, Zakatable assets Is the Nisab substracted from one’s total net assets when calculating Zakat? Keep reading Zakatable assets Is the cash received throughout the year and spent also Zakatable? Keep reading Zakatable assets Is stock and inventory Zakatable? Keep reading Zakatable assets Is it necessary for a lunar year to pass on each Zakatable asset? Keep reading Zakatable assets Is a 9 carat ring of gold Zakatable? Keep reading Zakatable assets If you have additional property other than the residential house Keep reading Zakatable assets If I am buying and selling shares daily to make a quick profit, is Zakat due on those share? Keep reading Zakatable assets If an asset is bought with a clear intention for personal use, is it Zakatable? Keep reading Zakatable assets If a person has a clear intention to resell something they have bought, does it make that item subject to Zakat? Keep reading Zakatable assets I would like to know if there is Zakat on child benefit Keep reading Zakatable assets I won a cash prize in a competition but have not received the money yet, is Zakat payable on such wealth? Keep reading Previous 1 … 8 9 10 … 14 Next Do you still have questions? Get in touch with our team GET IN TOUCH