Assalamualaikum warahmatullahi wabarakatuhu!!!
I would like to clear a doubt which my sister asked me to clarify with the members of TTI,unfortunately my knowledge lacks this information so i better thought of posting this forum!
"Is zakaat valid on the Jewellery Kept in a bank for some Loan taken for the said amount?" in other words, "If someone is in need of money and they take loan from bank by keeping the jewellery as surity,is zakaat still valid on that jewellery?the person should still give zakaat on the weight of jewellery?
Ill be happy to hear a justified answer...Jazakamullah khair,
Brother,
Mohammed awez.
I would like to clear a doubt which my sister asked me to clarify with the members of TTI,unfortunately my knowledge lacks this information so i better thought of posting this forum!
"Is zakaat valid on the Jewellery Kept in a bank for some Loan taken for the said amount?" in other words, "If someone is in need of money and they take loan from bank by keeping the jewellery as surity,is zakaat still valid on that jewellery?the person should still give zakaat on the weight of jewellery?
Ill be happy to hear a justified answer...Jazakamullah khair,
Brother,
Mohammed awez.
