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?

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

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

    <p>A period of 1 Islamic (Hijri) year</p> Signup and view all the answers

    What is the literal meaning of Zakat?

    <p>Purification</p> Signup and view all the answers

    Who is obligated to fulfill Zakat Fitrah?

    <p>Every Muslim</p> Signup and view all the answers

    When is Zakat on Wealth (Harta) obligatory?

    <p>Once Nisab and Haul are complete</p> Signup and view all the answers

    What is the fixed portion for Zakat Fitrah?

    <p>1 saa’ = Fixed portion for every Muslim</p> Signup and view all the answers

    What type of wealth does Zakat on Wealth apply to?

    <p>Various types of wealth</p> Signup and view all the answers

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