Tag Archives: savings

Zakat on savings of less than a year

Posted on May 20, 2019 by Shaykh Senad Agic

Is Zakat applicable on savings that has been in the bank less than a year.   Continue reading →

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Zakat al-Mal on 401K or IRA?

Posted on May 2, 2018 by Eshaykh Staff

Does one pay Zakat al-Mal on the money invested in a retirement 401K or IRA? Continue reading →

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Zakaat

Posted on July 22, 2013 by Shaykh Senad Agic

A brother and sister would like to know how much the amount of zakat is eligible to be paid for the following: Continue reading →

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Registered Education Savings Plans

Posted on June 26, 2013 by Shaykh Senad Agic

Is it permitted in Islam to have a “Registered Education Savings Plans”? Is it a “riba”? Continue reading →

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Will and inheritance issues

Posted on September 1, 2011 by Shaykh Senad Agic

We live in North America. When we bought our house many years… Continue reading →

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Intention for Past Due Zakat

Posted on May 31, 2011 by Shaykh Senad Agic

If a person has not paid zakaat for some specific year and now he wants to pay that zakaat but he does not remember what exact… Continue reading →

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Interest received on savings account with bank

Posted on January 30, 2011 by Eshaykh Staff

Q: In what ways can we use the money received as interest on a savings account with bank. Continue reading →

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Prayer Request: Silver Coins – Seized by UK Customs

Posted on January 27, 2011 by Shaykh Muhammad Hisham Kabbani

I am trying to follow MSN’s (May Allah give him long, healthy life) and converting my savings into silver. Continue reading →

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Permissibility of Bank Account

Posted on December 26, 2010 by Shaykh Senad Agic

Can one have a bank account? Continue reading →

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police & silver

Posted on December 17, 2010 by Shaykh Gibril Fouad Haddad

salaams we have had serious problems with police over silver we had bought.. our home was searched all our silver and life savings taken by them. They took my wife to police station for questioning and then me. Continue reading →

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