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Questions and Answers
What is a fundamental requirement for wealth to be considered eligible for zakat?
The wealth must have the potential of growth (increase from time to time)
According to the majority of jurists, what is a necessary prerequisite for performing zakah?
Intention
What is the primary purpose of zakat accounting?
The calculation, reviewing, and announcing of zakat on money/wealth
What is the primary factor that distinguishes zakat-exempt assets from zakat-liable assets?
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What is the significance of the lunar year in calculating zakat?
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What is the term for the minimum amount of wealth required for zakat to be applicable?
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What types of modern wealth are subject to zakat?
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How does Al Awza'i's view on intention differ from the majority of jurists?
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What is the primary purpose of calculating the zakat base?
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What is the role of zakat statements and reports in the zakat accounting process?
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