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Zakat Theory Course Module 1A: Introduction to Zakat

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Zakat Theory Course Module 1A: Introduction to Zakat

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Questions and Answers

What is the period for Haul in the context of Zakat on Wealth?

355 days (correct)

1 lunar year

1 Gregorian year

30 days

Which assets are considered for Zakat on Wealth according to the text?

Gold, silver, shares, cows, grains

Cash, silver, stocks, cattle, grains (correct)

Cash, debit, camels, fruits, insurance

Cash, gold, stocks, goats, fruits

What is the Nisab threshold for gold in terms of grams?

50 grams

120 grams

100 grams

86 grams (correct)

When does Zakat on Wealth become an obligation according to the text?

When the total wealth exceeds the Nisab value throughout one Haul period Signup and view all the answers

What does 'Haul' refer to in the context of Zakat on Wealth?

A period of 1 Islamic (Hijri) year Signup and view all the answers

What is the literal meaning of Zakat?

Purification Signup and view all the answers

Who is obligated to fulfill Zakat Fitrah?

Every Muslim Signup and view all the answers

When is Zakat on Wealth (Harta) obligatory?

Once Nisab and Haul are complete Signup and view all the answers

What is the fixed portion for Zakat Fitrah?

1 saa’ = Fixed portion for every Muslim Signup and view all the answers

What type of wealth does Zakat on Wealth apply to?

Various types of wealth Signup and view all the answers