askmufti

Writing Off Debt as Zakaat

Q: If someone owes you money for years and and hasn’t paid you back, is it ok for you to write that sum off as zakaah? A: That sum cannot be written off as Zakaah. Moulana Yusuf Laher

Investing Advance Zakaat

Q: If donors give us advanced Zakah before their due date (like Zakah for 2015), can we invest that money for now to cover our expenses, and distribute the moeny when the due date comes? A: Such money may only be invested with the consent and permission of the donors. Otherwise not. Also, should any …

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Buying Repossessed Goods

Q: I would like to know if one is permitted to purchase assets from an auction that only keeps bank repossessed goods. A: It will be permissible to purchase bank repossessed goods from an auction. And Allah Knows best Siraj Desai (Mufti)