Qualifying As A Recipient Of Zakaah

From the outset, our Darul Ifta does not approve of any Islamic finance options with regards to

purchasing a car. Coming to the queried scenario, you will now have to ascertain whether your Zakaatable assets are more than your liabilities, or vice versa. Your Zakaatable assets include cash at home, cash in the bank, trade in stock, gold, silver, savings and investments.

Furthermore, when calculating your liabilities, you will only take this loan into

consideration for the amount that you will pay for 12 months. For example, the entire debt as

stated in the query is R240 000, however, you will only pay R60 000 for the duration of 12

months. As such, you will only take R60 000 into consideration for your liabilities.

Once you have ascertained your Zakaatable assets and liabilities, you may now consider

whether you are applicable for receiving Zakaah or not. If your liabilities are more than your

Zakaatable assets, then you may receive Zakaah. Furthermore, jackets, laptops, etc. are not considered as Zakaatable assets since you are using them, irrespective of how often or how seldom.