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Dr. Zaid Ibrahim Al-Kilani Appointed as the Secretary-General of the General Iftaa` Department
Author : The General Iftaa` Department
Date Added : 28-11-2023

Dr. Zaid Ibrahim Al-Kilani Appointed as the Secretary-General of the General Iftaa` Department

 

 

The Grand Mufti and the staff of the General Iftaa` Department extend their warmest congratulations to Dr. Zaid Ibrahim Al-Kilani on the occasion of the Cabinet's decision to appoint him as the Secretary-General of the General Iftaa` Department.

 

We ask Allah the Almighty for guidance and success to him and us.

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Zakah is due on the land used as an article of merchandise and was originally bought for that end. Zakah is due on it at the end of every lunar year. Its value is estimated, and (2.5%) of the total value of all such lands owned by the questioner is given as Zakah. However, no Zakah is due on the land used for building a house, or an agricultural purpose.

My father placed shares worth twenty dinars in one of the banks, and their value doubled to become five thousand dinars. When my father passed away, one of the scholars told us that it is permissible for us to take the money. What is the ruling on this money, considering that it comes from a bank and involves interest (Riba)?

Allah The Almighty Said (What means): "And if you repent, then for you is the principal of your wealth. You do not wrong, nor are you wronged." [Al-Baqarah/279]. This is the precautionary ruling regarding what you are asking about. You are entitled to the principal amount, and you should give the excess as charity to the poor and needy. If you are poor, you may take from it. And Allah The Almighty Knows Best.

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