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About the Dead Sea Incident
Author : The General Iftaa` Department
Date Added : 15-06-2023

About the Dead Sea Incident

 

The General Iftaa` Department extends its deepest condolences and sincere sentiments to the Jordanian family in general and the families of the children who passed away, as martyrs, by drowning in the floods that took place yesterday.

 

We ask Allah the Almighty to grant the families of the victims patience and solace and wish a speedy recovery to the wounded.

 

However, we say not but that which pleases Allah since He the Almighty says {What means}: " Be sure we shall test you with something of fear and hunger, some loss in goods or lives or the fruits (of your toil), but give glad tidings to those who patiently persevere, Who say, when afflicted with calamity: "To God We belong, and to Him is our return":- They are those on whom (Descend) blessings from God, and Mercy, and they are the ones that receive guidance." {Al-Baqarah, 155-157}.

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Summarized Fatawaa

I have 490 shares in a commercial company, and they have been held for a year. The price of each share is one dinar, noting that the shares are at a loss. I want to know the amount of zakat due on them?
 
 
 
 
 

Commercial shares are subject to zakat based on their current market value, even if they are at a loss. The zakat rate is 2.5%. And Allah Knows Best.

What is the ruling on not fulfilling a vow?

A vow is a commitment towards Allah, The Almighty, and so, it should be observed as much as possible, and it is impermissible to take it lightly. Allah, The Exalted, Says –in commending the believers (What means): "(Because) they perform the vow and fear a day whereof the evil is wide-spreading." [Al-Insan/7].

Who is "the poor" entitled to receive Zakah (obligatory charity)?

The poor is the one who has neither money nor a source of living, or has either of them, but it isn`t sufficient such as being in need for a hundred/JDs, and having an income of forty/JDs only.

What are the conditions of the Aqeeqah?

The animals that are acceptable to be slaughtered for 'Aqeeqah are the same which are acceptable to be slaughtered for the sacrifice of 'Eed in terms of their age and lack of defects. The sheep should be one year old, and its teeth should have fallen off. As for goats and cows, they should have finished two years of age and entered into the third. The Aqeeqah should be free of any defects as regards meat, or price value.