4
votes
Accepted
Is making Shrine from Gold a sin?
The golden domes above the holy shrines of the Prophet and his Ahl-ul-Bait and other respected personalities in Islam are a sign of their value for the believer who visits them. These personalities ...
- 1,217
2
votes
Accepted
Is there zakah on gold exchange-traded funds?
When you buy Gold ETFs, you essentially own some gold (the gold belongs to you), but do not have physical possession of it (its locked up in some vault somewhere), but you do have control over it (you ...
- 30.1k
2
votes
Accepted
Converting money value in gold before lending
Gold is to be paid for by gold, silver by silver, wheat by wheat, barley by barley, dates by dates, and salt by salt, like for like and equal for equal, payment being made hand to hand. If these ...
- 12.6k
2
votes
Accepted
My friend (32 male) and his wife is having a baby girl, can I gift the baby gold earrings?
Yes! you can gift the infant girl, any gold ornament because in the Quran:
Do they assign to Allah one who grows up amidst ornaments and is not well-versed in the art of disputation? (43:18)
Here ...
- 937
1
vote
zakat on mortgaged gold
Al-Nawawi (رحمه الله) said in al-Majmoo’ (5/318): If livestock or any other wealth that is subject to zakaah is being held in pledge, and one year has passed, then zakaah must be paid on it, because ...
- 164
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