Darul Ifta Ibn Masood

Investor Eligible For Zakaah

· 21 Safar 1447 AH1 min readEnglish

Question

A person has an investment of R350 000 with Al Mabroor, who is now under business rescue. He is almost certain he will lose the money, and has approached our Zakaah organization for assistance. How do we proceed in calculating eligibility?

Answer

Due to the uncertainty of the financial position of Al Mabroor, it will be best that Zakaah is not given to such an applicant. You may assist him with Lillah or Sadaqah.

References (Arabic / Urdu sources)

Mufti

Answered by
Mufti Abdul Kader Fazlani
Checked & approved by
Mufti Yacoob Vally Saheb
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Source: Darul Ifta Ibn Masood — https://fataawa.co.za/investor-eligible-for-zakaah/
Fatawa SA: https://fatawa.co.za/fatwa/ibnmasood-39476

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