Subject: Tonight - the top 20 questions answered! Tune in LIVE

Assalamu Alaykum Friend,


Tonight is our last planned Zakat QA Live session. We plan to go through the most commonly asked questions - listed below.


If you would like to listen in to the answers, tune in LIVE on our Facebook & YouTube pages at 9 PM tonight, Sydney Time


LIVE at 9 PM tonight on :

Facebook: fb.com/NZFAus/live/

Youtube: youtube.com/nzforgau/live


  1. Do I deduct long term loans from my Zakat calculation such as mortgages, student loans (HECS) etc.?

  2. Do I have to pay Zakat on money that is in my account that offsets my mortgage?

  3. Is Zakat due on money saved for a specific purpose such as Hajj, Children university fees, buying a home etc.

  4. Is Zakat due on money locked in an investment such as a fixed term deposit

  5. Can I deduct the monthly payment if I make in an interest only mortgage from my Zakat payments?

  6. What monthly expenses such as utility bills, registration, insurance costs, credit card payments, council tax can I deduct from my Zakat payments?

  7. My friend owes me money. Do I need to pay Zakat on this amount or should he pay for it?

  8. My son requested that I give him my savings so he can keep it in their offset account to save on interest on their home loan. He will give me money whenever I need it. Who should pay Zakat on these savings?

  9. Should we pay Zakat for the property we live in ?

  10. We have an investment property. Should we pay Zakat on the value of the property every year? Or only the rental income?

  11. I have bought an empty lot to build a house in the future. Do I need to pay Zakat on this ?

  12. We are in the process of building our house and it is our Zakat anniversary. Is Zakat due on our incomplete house?

  13. How do a husband & wife calculate their Zakat if they have a joint account and do not track individual contribution to the account?

  14. How do I decide my anniversary date and what is the significance of this date if my savings fluctuate throughout the year?

  15. My wealth increased suddenly before my zakat anniversary date. How do I calculate my Zakat in that situation?

  16. Do I have to pay Zakat on my wife’s jewellery? What if I can't afford it?

  17. Do I need to pay Zakat on jewelry that I do not wear or that I currently have overseas and not with me?

  18. Does a deceased person have to pay missed Zakat? Who should pay for this?

  19. How do I calculate missed Zakat for property & jewellery held for many years, but have never paid Zakat for this?

  20. "How should I calculate value of shares for Zakat if they are for either long term investment with no plans to sell or for the purposes of Day trading.

  21. What are the differences between Zakat / Zakat al Fitr / Sadaqah

  22. Is Zakat due on superannuation?

  23. Do you pay Zakat on the entire amount of superannuation as soon as you receive it, or do you wait for one year after receiving ?

  24. Do I pay Zakat on personal assets that are not deemed necessary ? E.g. Second car, second TV etc?

If you do have any other questions you would like answered, just reply to this email and I'll try and cover it off tonight.


Walaikumasalaam

Munir Abdella

National Manager, NZF Australia

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