Haitham al-Haddad – Fiqh of Zakat
AI: Summary ©
The speakers emphasize the importance of understanding the value of various assets and considering all factors when calculating assets. They stress the need to manage debts and avoid giving up on a pension or fund, manage debts, and maintain good relationships with family members. The speakers also mention a workshop on fluency of reading and memorization, as well as a focus on maintaining good ties with family members and creating " chances" to receive ZFinancial money. They stress the importance of giving birth to children for a good cause and encourage people to visit resources and subscribe to emails.
AI: Summary ©
Okay
hamdu Lillah Allahu akbar wa salam ala Latino stofer
also sanada Cg diversity baja Tamil MB
while Lee Hill Ischia, wasabi Latvia amudha
salaam aleikum wa rahmatullah wa barakato. Folks, really happy to have you all here. This is a class that I'm really excited to teach, I had the opportunity to teach this physical circuit as an evening class at my Masjid, almost a year ago. And before that, I struggled with understanding how God can be taught in an hour.
Not because it can't be taught, but more I was just worried about my deficiencies and whether I was capable of condensing the material down to an hour long class, give or take and pack in what needs to be learned. And if I could give the student an opportunity to appreciate the important 50 legal issues that relate to zakat.
And I realized that it was possible, difficult, but possible. So today, we gather once again, praying to Allah subhanho wa Taala, that He gives us the feel, he gives us the understanding, he gives us the heart to take this information in. And to make it transformational. Whenever we attend a gathering of knowledge, our first intention or first goal should be that I'm doing this to implement it. I'm taking this class to see where my holes are, where I lack. And when we think of wealth, we tend to think that this is something that pertains to folks who are in their 30s and their 40s. I'm young, it doesn't apply to me.
You'd be surprised it may actually apply to you. Again, each person has a different financial state and as we explore to this class, there's so much to learn. And at the same time, what you may also come to learn is that even though it doesn't apply to you today,
it will apply to you in the near future inshallah, from inshallah learning regarding the Fatah is the pillars the obligations of our Deen is very important. Because if ever comes a time in your life where now you need to engage with this Father, you should have all of the knowledge and understanding that's required for you to carry this obligation out and use that ibadah as an opportunity to gain the pleasure of Allah subhana wa Tada.
Okay,
so, before I start one thing, I want to make clear that it's very unlikely that I will be able to cover all of the details small and
you know, particular issues that you may have in your mind. However, today's goal is to cover a an overall show with some detail. So recovering an outline, with some detail, covering all of the smaller detail all of the footwork, the massage will be very difficult and it's something that requires an extended period, I had the opportunity of teaching fifth column seminary and Kitab azuka was something we covered over the chapter of zakaat is something we covered over multiple weeks. So we have to be realistic with the timeframe that we have. And with that said though inshallah we will try to cover up massive chunk of the chapter of zakat.
I have sister Sally here with me today. If you're wondering
whether there are going to be any notes or not. So Sally was originally planning to
Write out the notes as I would go through the material. But I believe she was having some difficulties some technical difficulty with regards to broadcasting and writing the notes out. So I will try my best to inshallah be descriptive and be detailed so that way we can cover the material as a lecture as a talk, but if at any point Sally does figure out how to join us, and she is able to jump in and start taking notes
will benefit from that too.
So let's get started Bismillah
Zakat, we hear this word a lot. We find it in the Koran in over 80 different places. Allah subhanho wa Taala commands us to pray salah and gives a cat The two are connected to one another. What does the word is a cart mean linguistically? What does it mean in the Arabic language? So there are multiple meanings that are connected to the word as a cut linguistically.
The first one is the argument they say Zakah is to grow. And the reason why they call the CA growth is because the reason why the word socket is connected with growth is because when a person gives Zakat, when they give charity, their wealth grows. Outwardly, it seems like their wealth just decreased. But Allah subhanho wa Taala is promising that anyone who does give in reality their wealth will grow. It's a matter of trusting Allah subhana wa Tada. Similarly,
the words of God also comes in the meaning of purifying, and this is because the god purifies a person's wealth. And we'll cover some narrations ahead regarding the virtue of Zakat, and how Nabi sallallahu alayhi wa sallam tells us that Zakat causes growth in our wealth. How the Prophet said a long while he was said, um, tells us that Zakat purifies our wealth.
Now, when we look at succoth, from a legal perspective,
from a very shadowy Islamic perspective, the definition becomes a little bit more technical. They write Zakat is to transfer ownership,
of a specified portion of wealth to a specified person, subject to the conditions specified by the Sharia, for the sake of Allah. Now, I know that's a lot of words there. But I'll say it again, slowly for those of you who want to try to write it out,
to transfer ownership of a specified portion of love, or
to transfer ownership of a specified portion of wealth to a specified person. So notice that the first part was said to transfer ownership. So once you give us a cut, you no longer own what you're giving someone else owns it.
A specified portion of wealth you don't give all every month, there's a part of your wealth you give to a specified person, you can't just give your wealth to any person. There is a specific person that you need to be giving your Zakat to a specific type of person, subject to the conditions specified by the shediac which is something we'll cover ahead for the sake of Allah subhana wa tada to please Allah azza wa jal to get reward from Allah subhanho wa Taala. Okay, now the wealth that's given in Zakat, the wealth that's given in Zakat, so if I were to give $10 as Zakat that $10 is also referred to as the cup. So the act of giving is called zakat. And similarly, the money that's
actually given is called, is referred to as Zakat as well.
Now, there's another word that we use
to refer to Zakat, which is found in the pod and also the Prophet sallallahu alayhi wa sallam makes reference to this word and uses this word interchangeably with zakat. And this word is called sadaqa.
Usually, when we use the word sadaqa, in our community, people immediately think we're talking about some voluntary act of charity, which is also true. But when we use the word subaqua, it can mean either or. So therefore, if a person were to draw a chart out, you would have the word sabetha written on top
and then you would have sort of two lines coming out of that word circle. What one going to one side, the right and the other line going to the left the line going to
Right at the bottom of it, you would then write, mandatory, and the line going to the left, you would then write voluntary.
The mandatory would then divide into two further categories, you would divide that again, one would have fun written there, and the other would have
legit written their photo and watch it. So when we look at this, holistically from a distance, what we see is Southern law can either be voluntary, and this is what we usually refer to when we say sub. But Southern law can also refer to a mandatory form. And if it's mandatory, it can either be thought of, or it can be watched. Now if you're wondering what the difference between a father and a watch is, this is a terminology more commonly used by the Hanafi, focal hop. And when we say something is fun, what we mean is that it is established through the most authentic sources with the most clear indication, meaning what they'll put on set is clear, it cannot be interpreted in any
other way. Because the Koran says it it's unquestionable, its authenticity. And the derived message from that statement is so clear that denying it is not acceptable. acting upon it is necessary in particular for comes in the form of a command from Allah subhana wa Tada. wajib, on the other hand, is also necessary. But however, how we establish that it's necessary, is a tiered beneath photo. So this is more of a back end issue. So the material that we use to establish something a spark is of a more higher quality, higher prestige message, prestigious message, I'm sorry, procedures source. And a wajib is important. However, the quality of proof that we're using to establish it being necessary
is a little beneath that. Now, when we want to understand the difference between photos and watching, there's two things I'll say, the first statement is, in terms of importance, the two are almost identical. So as emphasized and important, a funnel is a wajib is the same. So according to the higher fees, if a person misses a photo, they have to make it up. Similarly, if you miss a wajib, you will need to make it up. So as far as importance goes, this is serious. Missing a photo is a big No. Missing a watch, it was also a massive, no do not do that. Now, if you wonder what's the difference, simple. The difference is that if I said to you that fighter, Salah is fun, and you
said to me in return, I don't believe it's fun. That would cause that person to be outside of the fold of Islam. You cannot deny something being funneled. If something is thought of and you say I don't accept it that takes you out of the fold of Islam because that necessitates you rejecting a statement of Allah subhana wa tada which is definitive in its meaning and also in its authenticity. Now why did you on the other hand if someone said that I don't believe three car with aftershocks Allah is watching. They will be doing something wrong by denying it. But that won't make them MacGuffin. So it's more of a theological difference, a matter of belief that it actually is in terms
of authenticity or sorry, an authenticity in terms of weight, or emphasis in doing the actual act. Okay.
So what are some examples of mandatory forms of giving Zakat? I'm giving supperclub number one is a cut subaqua, which is mandatory. And it's thought of, clearly we have the most clear example we have zakat. What's an example of subaqua that's mandatory another Another example would be suitable to fit them but this is wajib. Similarly, it's necessary. Another example of necessary charity is casado. Someone, you know, a kafala is a charity for the sake of expiation, you did something that you shouldn't have done. And now shehryar requires you to give a specific charity feed so many poor people for an oath you broke or whatever the case may be that Kufa which is to expiate the wrong
that you've done is
okay. It's called a it's called a Fatah. And this is also from the necessary forms. I see someone posting here that the audio is in and out and the presentations in and out if that's the case, please let us know, in the comment section so we can correct this. If there's anyone that's experiencing difficulty with the broadcast, please just let us know. Audio is fine. Everything's working. Everything's fine. Great, great, great, great, great, okay, we're good to go. It's I stopped there because I saw that message.
Now, when we talk about the other side of charity, this is what we call Southern nephila sub upon nesina. The voluntary form of change
Now this is very broad, it's very open.
Any type of charity that you want to give anytime your heart desires to give, whether it's for the construction of schools, for hospitals for machines, to a local soup kitchen, whether you're
digging a well out, anything that you want to do anytime you want to give that sort of giving falls under this voluntary form of charity, this voluntary form of charity.
Now, the difference between a mandatory and a voluntary form of charity is that the restrictions with a mandatory form of charity are a few more we have more, we have more restrictions, you're more guidelines here. When it comes to a voluntary form of charity. Things are more relaxed. And this is something you'll notice in shediac in Islam, that when something is followed when it's necessary, oh, Sally's here.
Oh, guys, it's about to go down.
Sally, are you here?
Sally's good. We're up. Yes. 100 a Harrigan our business guys, if you're not smiling, start smiling. It's about to get hot in here. It's about to get fun. Yes, Sally is awesome. Mashallah, here we go. And hamdulillah
okay.
She's just about to increase the temperature so that way we enjoy the class much more. Mashallah, Mashallah. May Allah protect and preserve you.
Your arrival brings much joy to me, Sally.
So Okay, with that said, let's get back. So we were talking about the difference between a father and a, a nothing. This is something that's very general, whether it's a law, whether it's a law, whether we're talking about South Africa, when anything is fought, there will be many more requirements, the conditions are going to be more strict. When we talk about none of the things are going to be much more relaxed. So for example, if we're talking about a nephal Sala, you have much more leeway in terms of
how many times you say somehow Don't be an idiot when you're in rapport. In fact, you shouldn't say so 100, or better the more than three times while in rapport, but enough that you can save as many times as you want. Similarly, the 100 people, we say that when a person is praying not for and they're in such that they can actually
make the art in their own language. Try that and forth, and your salon will break. Okay, so now when we come back over to Zakat,
the same thing applies. When we move forward in the class, you'll notice that there are quite a few conditions and we're going to talk about something called nisab. We're going to talk about something called whole, we're going to talk about specific people who have the ability to serve as recipients of zakat. All of that applies to the funnel. And when it comes to nothing, it's much more open ended, you can do as you wish. So there is a sort of element to all of this, which we should obviously engage with and be very particular about. But then there's also a joy in just giving nothing knowing that there's so much more looseness and openness.
Okay.
Now we move into the next discussion, which addresses the issue of what is the wisdom? What is the wisdom behind the cut?
The truth is that when we talk about issues of wisdom, the list is never ending. Because we only know what we can comprehend what we can understand. Scholars have written pages and pages, some I've written volumes and chapters others have bought as far as writing books, on the wisdom behind the cut. I'm going to try to list a few things for you. The first thing is the amount right from the wisdom of the card is to decrease the difference between the wealthy and the rich, so that the gap in society doesn't just continue to grow and grow and grow. And we have a 99% and we have a 1%. So we don't end up with a scenario like that. Rather, what happens is that there is a continuous flow
of wealth. I always like to think of Zakat, and this is how I explain it. I like to think of the cup as a release valve.
I like to think of Zakat as a
as a release valve. Okay, if you're wondering, why do I call it a release valve? The reason is because what happens is
what wealth is gathered by one side of the community and when wealth begins to go in one direction of the community, there's going to be another side of the community that will become more poor and more poor and more poor. They're just going to kind of push away so the two corners are going to separate and separate and separate. And this will continue until this group of people will start
and die. And this group of people will live like gods in the world. So in order to create a balance, Islam has a very soft, very soft release valve. And it's one that's not socialism where takes all the wealth from these people and gives it to them. And these people are now you know, just, you know, cashing in on the fruits of their hard work here. But at the same time, it's not so little that the people here can't benefit from what's being given to them. So, Islam opens up a small, tiny bit, and allows 2.5% of wealth from here to flow back into the community. And this maintains now a flow, it maintains not a flow of air so everyone continues to live and everyone continues to
benefit. Similarly, from the benefits of,
of Zakat is that it helps the needy, what little wealth you might give today, will be so much for someone else, whether it's in your community or another part of the world. It creates empathy. You know, that's why I'm really big on this, I believe it's very important that people when they gives a cup, they give it themselves, they use their own hand, they go and distribute the wealth, you know, individually, if we keep doing things through online forums, and we keep this clicking, clicking, clicking and zakaat sent and savarkar sent. We won't ever experience the whole offering of zakat. There's a whole journey to giving Sikka This is a journey for so long there's a journey for the
constitute that journey is for you to earn well, that journey is for you to monitor your wealth. That journey is for you to calculate that journey is for you to separate as a God. That journey for you now is to go and find people who are recipients of Zakat go learn about them go and meet them go and sit with them. Go and give them the money ask them to make do offer you it's a whole journey. There's so much the cup offers but what happens in our communities. This you know in our day and age is that people just go online click one button, PayPal another button and there it goes years ago. I understand that there is benefit in using some of the bigger relief organizations for this because
their reach is further than ours. But that spirituality part of it is surely lost out. It helps when when you give us a cot that helps you create empathy.
It makes you appreciate and understand that other person you're giving the car to could have been you. You could have been the one that was receiving the cart. You could have been the one that was desperate. He had Allah subhanho wa Taala has favored you that today you are the one that is giving us a cart and for that we think Allah subhana wa tada what Allah he'll hummed.
It also purifies the heart from bone.
Book
is what we refer to in English as
as miserliness to be stingy. Because once a person starts earning money, it's easy to get greedy. It's easy to want more and want more and want more. And then you don't want to share any you don't want to you don't want to give anyone else you don't want to look at everyone else in the world, whether they are doing good or bad. You know, now that you're earning money and you're gathering it, you get so addicted to having more money, that you couldn't care if there was a person on the streets of San Francisco, who's lying there covered in dirt hasn't, hasn't taken a shower in weeks, and all of their belongings are now gathered together in one shopping cart. You couldn't care for
that person. So it washes your heart of bullying shy it washes your heart, miserliness And likewise, number four, it creates generosity in you the opposite of that it purifies your heart, and it creates generosity.
Number five, it also
demonstrates the gratitude that you have for Allah subhanho wa Taala it's an expression of your appreciation for the favors for the kindness of Allah azza wa jal.
The next point that automatically right from the from the wisdoms and the benefits of giving us a card
is that it protects you and protects your wealth. As to the loss of a long while he was selling was one day speaking to the companions and he said, Oh merchants of Medina, all business people of Medina, Bri frequent and giving Southern give some Southern call at the end of every day, because this Southern call will serve as an expiation it will purify. It will purify your wealth from any wrongdoings you've done during the day while you were busy while you were busy in your business, while you were busy trading anything wrong that you said any oaths that you took that you shouldn't have any statement you made that you shouldn't have years ago that will serve as a purification. So
there's so much more that can be added what but we'll leave that
For now.
Okay,
the next discussion, the history of zakat.
So where does the cop come into Islam historically?
The first thing
that we know is that socket was necessary and mandatory upon the nation's before the amount of the profits that along with it was set up.
So before the Prophet sallallahu, alayhi wasallam.
There were nations that came before there were prophets that came before, and we see that there was a form of the cat that was necessary on them. Now when it comes to our own, the community, the people of the Prophet Muhammad sallallahu alayhi wa sallam, when did Zakat become three opinions? The first opinion is it became mandatory prior to migration.
At some point before the Muslims arrived, to Madina, munawwara Zakat was necessary. The second opinion is
it became thought of in the month of chawan, during the second year after migration.
And the third opinion is that it became necessary or mandatory in the ninth year after migration
in the ninth year after he died nine
So here we see three different opinions. Now, there is a very easy way to reconcile all three positions, so that they're all correct to some form or to some degree, how So, what we can say is that before migration, the Prophet sallallahu alayhi, wasallam had already started encouraging the companions to give whatever charity they could, he told everyone, whatever charity you can give, give it. So people have started giving. Then the second year after him is when he was sort of instructed the companions that zakaat was now thought of upon them. And it wasn't the ninth year after his letter, that the Prophet said a long while he was Selim had created a complete system of
collecting and then redistributing zakat. For the people who said it was thought of before his era they said that because they were the early Muslims and they said that you know, the prophet said a lot of money was said and told us to give him the early days so that's when it became fun for the people who said that it became fun in the second year after hinted out, they said that this is one of the things that a lot of it was someone told us it was fun. The people who said that it was fun in the ninth year after hit it off, they said that because that's when the beast of a lot of money was sent him sent Zakat collectors to go and receive as a God and he also appointed a whole system
of house the cart will be redistributed among the people who needed it.
Okay,
sorry, one moment.
There we go. Okay, sir.
Now, there are many narrations of the Prophet sallallahu alayhi wa sallam regarding Zakat, the virtues and the warnings to those who do not give Zakat regarding the virtues of Zakat, so many narrations one day and he said a long while he was a lamb came to eyeshadow, the Aloma Anna and his wife, his beloved dear wife, they had been gifted a whole animal, maybe a little eyeshadow, the love on her, she donated most of the animal but kept a small part behind. So then they use it alone while he was sitting, I asked her how much of that animal remains and she said to the profits of a long while it was said, um, you know, a small portion of it remains, and the Prophet said a lot of it was
said and responded back to her by saying that only the small portion, he said, all of it remains. So let me explain that again. They got a whole animal she gave most of it away, and only kept a small portion. And she thought the portion that she helped me hand behind was what remained but to be stood alone while he was said I'm actually said to her, the part of you gave away is what actually remains for us because that and the reward of that we will see in the hereafter. So that's actually what remains he changes her perspective that what you give away What about the other side? What your good deeds are what are going to actually remain that's what's actually going to stay for you.
Um, similarly, in the recent along while it was set, I'm setting one narration.
Nobody said although it was some set of one narration
that what if a person
gives a garment to someone who needs a garment, that person will continue to remain in allows mercy as long as the garment is worn Subhanallah as long as that person is wearing the garment, you will continue to be in the mercy of Allah azza wa jal.
Now, those are some narrations regarding the verses.
You have given us a god. As far as the Quran speaks so many virtues on giving Zakat so many on giving sadaqa
I you know, honestly, I'm not gonna go through them because there's just too many of them. But I will share one or two narrations from the Prophet of Allah while he was warning us of the consequences for that person who does not gives a cut. What are the possible consequences of a person who does not gives it? So this narration I'm going to share with you is actually narrated by Alina Viola one.
And it's narrated by Mr. Tarantino with the LA era in his own set.
The Prophet sallallahu alayhi wa sallam said, Allah has enjoined upon rich Muslims adieu to be taken from their properties corresponding to the needs of the poor among them. The poor will never suffer from starvation or lack of clothes, unless the rich neglect their due, and if they do, allow will surely hold them accountable and punish them severely. This is a very powerful narration and something that should keep us awake. The next time we think of skipping out on giving hours a cut. Similarly, remember horizontal IRA narrates in a hadith the Prophet sallallahu alayhi wa sallam said, Allah will afflict a people with drought, who do not fulfill its obligation of giving zakat.
Those who don't give Zakat, Allah will test them with drought, the rain will stop. And similarly, drought, obviously, there is a very real definition to drought. But then there is also a symbolic and metaphorical metaphysical fire here, that maybe Allah will continue to give us wealth. But the drought that we will experience will be in the bunker that will have so much wealth, but that wealth won't fulfill our needs. I've seen people who've told me that they bring home six figure salaries, and they're still struggling. They're still having a hard time to make ends meet. They're still having a hard time to pay the bills off. It seems as if there's a lack of Baraka now, this isn't
directed towards everyone out there. But for those of us who know we know, that our wealth lacks and botica we work so hard to salaries coming into the house, and we're struggling to take care of our needs are our base needs.
Now,
with that said, we're gonna jump into the discussion
about Zakat itself. Okay.
So when we talk about Zakat, so this is where it's going to get a little bit of a legal flavor to the discussion. So, I want you to give extra attention and focus a little more so that way you can understand the points that are
now, in order for the golf to be necessary, there are some conditions that must be found in the individual who is planning to give zakat.
If all of these conditions are found, then we will say the COP is mandatory upon this person. If any of these conditions are missing, then we will say that the COP is not necessary on this person. This person can give if they want but it won't be necessary. It's out of their own goodwill in their own heart. So what are these conditions number one,
freedom Hurriya. This person must be free meaning Zakat is not necessary or mandatory upon a person who is in slavery. If slavery still existed, anyone that was in slavery would not have to give zakat. Historically, a person that was in slavery was never required to give Zakat number to Islam. If a person is not a Muslim, you will not force them to give Zakat because Islam is a God is a form of a Baba and why would you tell someone who's not a Muslim to do and only bother? So number two, Islam number three
and this is a condition specific to the Hanafi school of thought. Marble honeycombed, Allahu Allah stipulates this, that the person must be of the age of puberty
you must have reached the age of puberty because if a person hasn't reached the age of puberty you mom honey from de la Holly says they will be known as a cotton this person. So if a person's very wealthy, but they haven't reached the age of puberty, we will say no Zakat on the on the other hand there's a child is extremely wealthy, and
they're under the age of puberty. The other scholars they say the child will
be required to give the cut. And if the child is too young, the guardian of the child will then have to fulfill that role, calculate as a God and give it accordingly. Number four, sanity, that person must be sane because of a person is
insane. They are not accountable by Shetty out to fulfill the obligations.
Number five
they must have ownership of nisab
they must have ownership of what did I say?
nisab. I'll explain that word nisab. Shortly for now, just keep that term in your mind.
Number six,
their wealth cannot be exhausted by
outstanding debts.
their wealth cannot be exhausted by outstanding debts.
And
the last thing that I'll list here
is that
they must own the nisab for a complete year. Now that last one may not make sense to some of you guys, but I'll explain to you, you must own the nisab for a complete year.
Okay, so when we look at this list,
from a distance, we see that the first four are straightforward. They're easy, there's nothing to it. It's self explanatory. It's this five, six and seven, that actually need to be understood. Better to focus a little on them and try to understand what's going on here. So first, let's tackle this word, called nice off.
But before we cover any sub,
we have to understand.
Actually, let's cover the word nice offers. Well, I'm doing it the wrong way around. But this will probably be easier to understand.
So there are two simple ways of calculating this up.
Either you can use gold or you can use silver.
Either you can use gold, or you can use silver, I want everyone to have a computer or a web browser handy, because I'm going to give everyone a quick task and I want you guys to run this task as fast as you can.
And pop your answers into the chat box. I'll keep an eye on It's over there. I'm looking at it. So to see what you guys have, okay, so be ready for this one.
So the nisab for gold is 20 myths on
20 myths on
the nisab for silver is
200 dyrham
200 denim.
Now,
I'm going to tell you the value of 20 mythos in four different measurements. So the first measurement is going to be grams.
And then I'm going to tell you what 20 mathcad equals two in terms of ounces.
And then I'm going to tell you what it equals to in troy ounces.
A troy ounce
and the last thing I'm going to tell you what it equals to in a bola to La atolla
and some parts of the world is the common measurement used for gold.
And the same thing will apply for silver as well. I'm going to I'm going to share with you guys the new solvent all for.
So
for gold
20th all in grams equals 287 point 48 grams
eight
in ounces, that equals to
3.08
in troy ounces, that equals to 2.81
to five
and then in dollars, that equals to 7.5.
Now it's silver
200 denims in grams equals to 612 grams.
Point 36 61261 2.36.
In ounces, that's 21.6.
In troy ounces, it's 19.691 9.69.
And in dollars, it's 52.5 52 five.
Okay,
now here comes a task. I want everyone to look at what Sally here What sister Sally here has written for us. This is a very important slide. Very important. If you ever need to calculate any song ever in your life, all you need to do is look at this slide, take a picture of it, save it, this is very important. Okay.
Now what you're going to do is either go to gold price dot o RG or go to silver price.org go to either one of those websites.
Go to silver price dot o RG
silver, si l v er price.org.
Or go to gold price. org. And I want someone to pop in the current value of nisab. Today, give it to me in gold and tell me what isn't silver? What is 20 mathcad equal to in today's market for gold? And what does 200 denim in silver equal to today? equal to in today's market?
No, there's a mistake here. There's a mistake. Ah, got it. Right. So where am I boom, you forgot to tell us about three? Because it's 3.8 3.08 ounces.
So anyone that wrote that the gold value is $4,805. You're right. That's right, more or less how much it was I checked earlier today. 4800. And some dollars, I found different calculation, depending on what time of the day you checked. And the silver from my knowledge was also around 330 331 looks right. Let me just check what else we have here. What else do we have 331 yet 331, a few folks got 331 some folks got 297 possible depending on you know, what the what the website is showing?
Okay, so that looks that looks that looks good to me. I when I checked earlier today,
it was $4,800 and around 330 odd dollars. Obviously, you guys might be a little up or down based off of where you're checking in which website you're looking at. It also differs sometimes on market. Sometimes if you look at these websites, they'll also have like, charts that will tell you like you know, on the 12th, for example, there was a crash with gold in the market 12th of April, and sometimes it goes up sometimes it goes down. So just keep an eye on the charts. And that'll help you understand what the what the current value of nisab is. So now we have two values in front of us. We have the gold value, and we have the silver value. If we have the gold value at $4,800 and the
silver value at $307. The question is which one is the nisab nominee saw for those of you who still haven't figured out what it is, it's kind of like a financial threshold. It's a minimum requirement. If a person has an nisab, then they are now a part of the discussion of possibly having to pay zakat.
If they have less than nisab in their savings like and I'll talk about socketable assets shortly, if they have less than nisab in their countable assets. I like this word, this phrase the countable assets. If they have less than you saw in there as a countable assets, then they are not required to give zakat. So this discussion right now today doesn't apply to them. But if you have $4,803 or more then now the rest of the seminar. The rest of this class is extremely important for you because the card is directed towards you.
So now, here's the question. We have two numbers up there we have a 4800 and we have a 300 which one is the actual nisab Which one is that? That number
Number that I need to be mindful of? Is it the 4800? Or is it the 330?
So which currency do we use to calculate ours? akok? That's the which currency do we use to calculate our nisab? Gold versus silver? That's a question. Which currency do we use to calculate our knees up? Is it gold? Or is it silver? Now, scholars have debated this issue extensively. I'm talking about a lot has been written on the issue. The summary of it in our position. And our opinion, and I've spoken to many scholars on this is that it's best to use gold.
It's best to use gold.
If you're wondering why the debate exists, and how did we come to this conclusion, all scholars agree that we want to use the number that is most beneficial to the poor. The people who say you should use silver, they say the benefit of using silver as the benchmark is that it's very high possibility that people will have $331 in their savings account somewhere. And if they have that much money they should be giving to God every year. Therefore, more people are giving Zakat, and more poor people are receiving money. So they say we choose to use silver, because that's more beneficial to the poor, since more people are paying the people who choose to use gold. And this is
the position I also hold.
Our argument is that,
you know, $300 is not a substantial saving $4,800 is a decent amount. That's probably enough money to live for three, four months with your rent with your car with your groceries insurance that you can get through three, four months of life. It's something that can be called a saving $300 and not really a saving $300 Yes, that guy is giving us a God, but maybe he should be receiving zakat. Maybe he shouldn't be the one that gives. So that's why we raised the bar a little bit, and we hold the position that gold will be the standard that is used for giving zakat. Okay, now, so if a person has the value of $4,800, they should be giving us a cut.
But what are we basing this value off of? Which assets of ours? Are we calculating? Am I looking at everything that I own? And I'm trying to put a value to it all?
Or are there specific countable assets that I need to be focused on? And the answer is, there are seven socketable assets. Whenever you're trying to figure out that $4,800 you need to look through this list of seven things. And you need to ask yourself,
okay, you need to ask yourself, what is the value of each of these assets that I own if I own any of them? And then once you've put a value to each one, you need to add it up and see if it crosses that $4,800. Okay,
what are the seven assets number one?
Gold
number two,
silver
number three,
currency or cash any sort of currency used, no matter what part of the world it's using, as long as it's in use currency when the money that you have
the word cash is good, but the problem with cash is that someone might think that if it's deposited in a bank, it doesn't apply. No. If you have currency, whether it's cash or deposit, it doesn't matter. You need to give on it.
Number four,
business goods slash stocks
or
business goods slash stocks.
Number five, agricultural produce
agriculture, agri cultural produce
number nine, I'm sorry, number six, I apologize, livestock.
And number seven,
treasure troves are treasures.
So now, these are the seven things that we're going to look at. Now, the honest thing is that most of us probably won't have much to do with five, six and seven. So we can kind of just square those and put them aside. Let's not ignore them, but just know that that really may or may not apply to us. The first four is where we will be focusing a lot.
Okay, someone asked Where's the 401k? While the 401k applies in your pensions, I'll go into your business goods, your stocks, your investments,
You know, you can make some business goods, you can also potentially put investing in stocks investing in the market, like all of that falls into that category. Okay? Now,
um, okay, so let's look at this.
These are the four main ones that we're going to be looking at for now. These this, this is the full list, by the way, there's nothing else that's added into this list. Everything else that's modern, every other modern way that people choose to make money or invest money. In order for it to be considered socketable, it has to fall into one of these seven categories, or there is nothing there. There's nothing there. Do you guys understand? There's nothing that you owe. It has to fall into one of these seven categories. Otherwise, it won't be calculated when we're trying to figure out whether our assets reach nisab or not. So, okay.
Now, one more piece to this. And we'll run one or two examples, but one more piece I want to throw in this. So we said what we saw was, okay, $4,800. We also said, these assets are considered as zacapa bill assets, meaning we need to look at the value of these assets and see whether they meet the sovereign or not.
Now, we need to add one more layer to this discussion, this bottom discussion of the bottom part of this discussion. The third piece, which is do you owe any debts at this time or not?
Do you owe any deaths?
Okay?
Now, if you owe money, there are two possibilities.
Either
your payment
is one that you are trying to make
in a very aggressive fashion, where you're trying to pay off this loan ASAP.
Or so you're aggressively paying it off, you're trying to pay off
as soon as I can.
Or the second possibility is that the debt that you're paying off, you're trying to pay it off based off an agreed upon preset schedule, scheduled payments,
scheduled payments. So for example, Sally here has a house that she's purchased, she has 30 years to pay it off. She has no interest at all in paying this loan off before 30 years. I'm gonna pay it off 30 years. That's it. The second possibility is that she says I want to pay off this loan right away. If I could pay it off today. I pay it all off today. Like she's trying to do it ASAP, as fast as she can.
Now the reason why this matters is because the jurists and how they say a person that is trying to pay off their debt ASAP, will be allowed to deduct their entire debt from their assets in order to know whether their wealth actually reaches the amount of nisab or not.
They can make a full deduction basically deduct the full amount.
And a person who's on a scheduled payment, that person can only deduct
the amount they owe for that year.
Now, what kind of things are included in deaths?
So by the way, I'm going to make this clear when we talk about deaths right now we are talking about payables, not receivables, receivables, we'll get into that later on. Right now we're talking about payables. payables are basically debts that you owe other people, receivables, debts that people owe you money that people are supposed to give to you.
So what kind of stuff is involved in a payable debt? What are things that you can use to deduct deduct?
Number one,
money that you owe on a product you have purchased
money that you owe on a product you have purchased
Zubair here purchased a laptop that he hasn't paid for yet. He can deduct that money.
Number to
rent that's already do not to be paid.
But already do. So let's say for example, you're giving us a cup on April 15. And your rent was due on April 13. Now, you can deduct that, because you already owe it.
Similarly, utility bills that are already due
utility bills that are already do.
Likewise, wages that you owe to employees,
wages you already employed you already owe. So the paycheck was supposed to go out on the 13th of April and today is the 15th of April, this is years ago to date. Now, it's not that I own I'm going to have I'm going to owe it to them in the future, but I already owe it to them. This guy could take me to court today because I haven't paid him I was supposed to get paid on the 13th. Note here, it's on the past. If my zakaat date was on April 15, and I was supposed to write someone a check on April 16, I can't deduct that check. Because that's a future payment. It has to be passed. Similarly, a person can deduct any money they owe to their wife. Someone got married and said to his wife, I'll
give you a matter of $30,000.
And he hasn't paid yet. He can deduct that amount from his account calculations every year to figure out whether he owns new software or not.
And then we have taxes for example, that are still outstanding that you owe personal debts that are outstanding that you owe commercial loans that are outstanding. So taxes, personal debt, and commercial loans. Those are three more things that you can add to this list.
Okay.
Now,
let's briefly talk about receivable debts.
receivables.
receivables means
that someone owes you money.
Do you calculate that into your currency? Does it fall into your cash pile or not?
So
there are two things to keep in mind.
When it comes to receivable debts, there are two two categories. One is what we call Dane, Avi, and the other is what we call Dane life.
Then Oh II and the other is called Dane life.
Then Avi means
there is a high hope that you will get that money back.
There's a high hope that you're going to get this money back.
So every year when you calculate yours,
you need to include this amount into your assets. And you will have to pay money for this. Even though at this time someone else is holding that money. Because at the end of the day, the money belongs to you and you own it and it's your wealth. It's not his wealth, he's just borrowing it. He doesn't have to give Zakat on it.
I give $10 to Sally, I have to give the carton the $10. Not Sally.
All right.
However, now let's say for example, I let Sally borrow the $10,000 for 10 years, and I'm supposed to give him $10,000 every year. Now another option that I have is that I don't give to the gods every year but rather I give Zakat 10 years later when she gives it to me, but then I have to retrospectively give to God for all 10 years.
Do you guys understand? So that's also an option but it also comes with a challenge. One may however pay zakat after they are received after that money is received. But in that case, the God of the previous years will also have to be given will have to give Zakat for all the years in the past.
Now the second type of Dane is what we call Dane
Dane life
this is a loan that you have little hope of being repaid
Okay,
this sort of Zakat, and this sort of wealth
will not be calculated until you actually receive it.
So you don't have to give up every year because you're not sure if you're even going to get the money back or not.
Now, I'm going to ask Sally to go back up when we were talking about socketable assets.
So we said there were four major capital assets that we needed to take into consideration and that we need to understand in order to know which assets of our we need to calculate, and how we're going to go about figuring out what we have to consider when we're calculating r&d solve and what we are not.
So golden silver, I'm going to address both of these together. Okay,
so a few points regarding golden silver.
You have to give the GOP on gold and silver regardless of what form it's in. Whether it's in the form of a coin, cutlery, utensils, jewelry, spoon, fork, raw, it doesn't matter what form it's in. If you have gold and silver, you need to give Zakat on it.
Similarly, it does not matter what purpose you have that golden silver for if it's for investment, novelty, decoration, or personal use. Now this personal use one is different in opinion, okay?
How to fees they say that if gold is kept for personal use, you will have to give Zakat on it. The other jurist Chavez and others, they say that you will not have to give Zakat if you use it for your personal usage. It's a good argument there are arguments on both sides, proofs on both sides. 100 fees they say that once at one time women, two women came to the resort a lot of sort of rain bangles, the promise of a lot of money was to ask them if they had given Zakat and then said to them, that these will be a punishment on the Day of Judgment. And if you do not give us a cotton them, and honeybees, they argue that here it'd be said a lot of them told them it would be a
punishment on them if they did not give us a cup. And the Hadith clearly says they were wearing it. So that's a proof there. And there are other arguments made by the other football. So anyway, the condition is that the actual object must be at least 50% pure gold or silver.
Okay, so let's say for example, it's only 30% Gold, or only 10% Gold, or maybe 3% Gold, then you don't have to give up on that object.
White Gold is 75% Gold by the way, so you have to give us a call on that. Now another important principle that I want you guys to know, there is no Zakat on expensive metals, like for example, or other materials, regardless of their value. So expensive metals and materials do not have any zakaat than them. So you can have a diamond that's worth a million dollars, but it's not considered to be as a countable assets. So when you're calculating your assets, a diamond is not considered Platinum is not considered. These things are not considered.
Okay.
Now, now that we have this discussion out in front of us
do we talk about
I think there's one thing that I wanted to discuss I didn't get a chance to one moment.
Business goods I wanted to talk about that. Yeah, let's go into business goods for a moment.
So business goods, because we currency is straightforward. We talked about gold and silver. The last one left is business credit. Let's spend a few moments talking about that.
Okay, anything bought with the intention of reselling?
Someone asked diamond and platinum not considered treasure. No. treasure is a treasure that you find hidden in the ground that you come across like you're digging, you found treasure there. That's what we talk about. When we say treasure. This isn't referring to just different expensive metals. It doesn't refer to that.
So okay, business goods, anything bought with the intention of reselling
is considered to be socketable.
So, for example, I bought a home with the intention, listen to this very carefully okay.
I'm going to say three things about homes, and after this inshallah You shouldn't have any question. I'll answer most of the questions with this Listen carefully, I bought a home with the intention of reselling it.
That's the first example. I'll give you the answer in a moment.
Number two, I bought a home with the intention of living in it.
Number three, I bought a home with the intention of renting it out
with the hope, what the what the intention of renting?
What's the ruling for each one?
Now,
for the first one, whenever you buy something with the intention of reselling it, it immediately falls into the category of business goods, always keep that in your mind. inventory is always considered to be business goods, all inventory, whether it's a home, whether it's a car, whether it's a massive school building, whether it's peanuts, anytime I buy something with the intention of reselling it, it becomes as good as the God to bless it.
Number two, I bought a home with intention of living in it. Now another principle, anytime you purchase something with the intention of using it for your own personal benefit, it's no longer as adoptable. Because no sockets on it.
I can have 100 homes that I intend I intend to live in. None of those homes will be calculated when I calculate my socketable assets, none of them will be included.
Okay, the third was renting.
Whenever I rent something out, the car is no longer due on the product. It's only due on the rent that I collect.
Whenever I rent something out, Zakat is no longer due on the product, it's only due on the rent that I collect.
So now let's go back to the top.
Let's say this house
was worth $100,000.
So in the first scenario, I would have to give Zakat on $100,000. And the amount of succoth is 2.5%. So whatever 2.5% is, of $100,000. That's how much I will be giving on that first scenario. In the second scenario, I will give a whopping zero.
In the third scenario, if I collected during my second year,
rent that rent, I must give the cost on to
whatever rent I collected, not future again, we're not talking about future rent we're always talking about today and the past, Islam is not interested in the future. The reason is because when it comes to transactions or anything financial related, the future is always just a possibility.
its potential.
And we don't take that into consideration. We take the past and present into consideration. Keep that in mind.
Okay.
Stocks, which also falls under business goods,
any shares but I'm just gonna stay say one statement here. I know this can become a long discussion because people have 100 questions about stocks, but I'm going to say one thing here regarding stocks, one simple statement, shares bought for capital gain, any shares bought for capital gain,
you will have to give the cart based off of the market value.
You will have to give the cart based off of the market value.
I'll actually share one more statement as well. And this is for people who are into investing. Maybe this statement will be beneficial to you. So I'll share one more really
shares bought for long term investment. So the first question
Shares bought for capital gains. The second one is shares bought for long term investment.
The ruling here is
the non negotiable assets of the company may be deducted from the market value. That's the ruling, the non negotiable assets of the company
may be deducted from the market value.
For those of you that are not into shares in your stocks and stuff, I apologize if this is too much for you.
But I'm going to give one quick example of this just so that the people who do understand they can appreciate it.
Let's say for example,
the market value of the share is $100. So draw this little chart out, if you don't mind drawing, Sally rock two rows for me, but two rows there, two rows.
Okay, now, on top of the line, for the first row, that's where we're gonna have all of our different categories, the different columns, so the first column is going to be called market value of share, try to keep it small, if possible, you have a bunch of them 123456 columns that we're gonna have market value of shares, number two, buildings.
Number three machinery.
Number four manufactured goods.
Number five raw materials.
And number six cash.
Okay, so
let's say for example, the share the market value share is 100 $100 $100. Okay?
The building out of this, now we're going to break the $100 up into all these different costs that are in front of us, right, all the different assets of the company.
Let's say for example, the building is $30.
The machinery is another $30. So $30, there $30. There, and are manufactured goods put $15 there,
raw material, raw material, let's say $15 go there. And the company's cash, let's say $10 is there.
So we said when we're calculating how much of this $100 we need to give sakata, what we will do is we will look at the non socketable assets of this company, buildings and machines are not considered as adoptable assets, which means the only the last three R's acceptable acids, so the 1515 and 10. When we total that 1515 and 10. Together, we have $45. So out of the 100 sorry, not 45 $40, sorry, about $40
out of the 100, we will give the COC only on $40 not the full $100.
And again, I apologize if that was a little extra for some of you. But I wanted to include that in
the last thing that I'm going to include in here. And then once I include this will pull everything together and ensure that it'll make a lot of sense. Okay.
pensions and funds because it's all a part of business assets and stocks and stuff like that pensions and funds 401 K's and so on 401 K's IRAs, we get asked this question all the time.
Do I have to give up on these or not? two possibilities.
Either
you invested in this pension or fund optionally.
Or it was involuntary.
Either you're invested optionally or it was involuntary.
If you have the choice to invest into the pension fund,
then
this will require you to give the carton the full amount
you will need to give the carton the full amount every year.
Some scholars have argued that you can deduct penalties and whatnot but you'll have to give it the full amount every year.
And if it's an involuntary thing, then you will not have to give the card
until you receive it.
You will not have to give Zakat until you receive it
Okay, so so far what we've done
is that we have discussed, there is something called nisab
socketable assets.
And I also talked about deaths.
Sadly, if you don't mind to go back up to nisab, let's review this very quickly. Everyone can get a clarity on the issue.
Someone's mic is unmuted, if you can very much appreciate it. Unless you're presenting. You could have your mute your mic on mute, mute.
Monica Luffy. So we started off here by saying Nissan, I'm just reviewing this. So your mind clears up. There was a lot of information in the middle, let's clear up the mind. And he saw two possibilities. gold or silver, gold $4,805 silver $331. Okay, this is the amount that we need to see if we own if we own this much money, not Oh, if we own this much money, the discussion of the car this year applies to me, it applies to us. Do we own this much amount? We owe this much or not? Okay, if we own this, there's another thing that we need to talk about how and I'll come to that shortly. So that's the first thing. Now, how do I know where do I search the value for this $4,800
we go to our socketable assets go to the next page.
Okay, there are sevens acceptable assets, most of us won't have to interact too much with the last three treasures, as I mentioned, refers to something found in the ground, you found something in a cave, you just came across something, you know, that's likely livestock and agriculture produce. Now before that, it does apply a lot to golden silver, we talked about this, someone received gold at the time of marriage, it's a couple 100 fees, they say if you wear it, it doesn't matter, you still need to give it another as they say as long as you wear it, you don't have to give
them we talked about currency.
put themselves on the up. There are some people whose mics are not on mute.
Okay,
currency wise, we talked about currency, and business goods. We also talked about
all the different investment options. And we talked about,
by the way, rent falls under currency because that's something you receive. We talked about business goods, anything that you purchased with intended intention of selling.
And we talked about stocks, we talked about 401k plans and whatnot. So these four what we need to do is we need to add them up. Anything in physical assets needs to be added up. So for example,
let's say under our gold, we had
$1,000.
Okay.
And then under our silver, we had another 1000 there.
And under currency, we had 2000 there
and the currency 2000. And under business goods, we had another 2000 there.
So what I need to do is add this all up and see what the total is
6000
this 6000 is more than $4,805, which we said then you thought was
therefore I might have to give up. I said might because the only step left now is I need to manage minus and deduct my debts if I have any.
So let's say for example right now I have $6,000. Now
if I have
Yeah, let's do it. Let's do another page it let's do another page here.
Gold, Silver currency and then business goods. Those are the four that we talked about.
Gold, Silver currency and business goods. So for gold we said there's 1000 silver 1001 k one k currency two K, and business goods two k there again.
So in total we had
$6,000.
Now I might have to give this up. I might have to give us a cup. But before I do, there are two things I need to see. The first thing is whether my debts are
so much that it'll push me
Under the threshold of the SOP or not. And number two, whether a year has passed by with me owning the amount after the dex debts have been deducted.
So right now 6000 is more than 4800. But now there are two possibilities. Let's say for example, possible the number one I have $6,000 Okay. And I owe 2000. That's one possibility or the second possibility is
I owe
$2,000 in debt.
If I owe 1000 or $2,000 or if I owe $1,000,
both possibilities are there, okay.
Now, if I owe $1,000, what I will do is I will do if I owe two let's do the 2,001st Okay. If I own if I owe $2,000, that means I will take the $6,000 in my totals of capital assets minus the 2000 that I owe,
and that will put me at 4000 and that 4000 is less than the nisab that he saw was 4800. Therefore, this person will not have to give some thought this year, should you go home, here No.
I owe $1,000.
If I owe $1,000, I will do the same equation. Again. I would take my Zagato assets $6,000 minus my debts $1,000, which equals to 5005 1000 is more than the nisab, which we said was $4,805. Therefore I need to give tsikata now because I'm in surplus.
Now then you have to see whether your asset value is more or less than
the new saw. Now, the only thing left to do now this first guy, he's less than 4800. So he can go home the second guy, he's over 4800, he has $5,000. So what does this person do? What this person does is now he has to ask one last question.
He has to ask one last question.
How has one year passed by or not?
So just because you have $5,000? doesn't mean you have to go give us a cough today. The question is, has one year passed by or not? That's the question.
Now, in order to understand this thing,
I want you guys to give your undivided attention and listen very carefully, very, very carefully.
The day you cross me sob
is considered as your zakaat date. Point number one.
The day you own more than $4,800. The day you cross nisab is considered as your zakaat date.
Does the gods date according to the hunter fees is a very important thing when calculating is a very important.
Why so?
Well, it's because
after I own, let's say for example, I was given a paycheck of $5,000 on May 1
may 1, I receive a paycheck of $5,000, which means today I have the countable assets, which are more than any sob and I do not have any debt. Let's assume that.
So may 1 becomes my zacapa date.
May 1 becomes my psychotic.
And you know there in Sally's example, let's assume it's 2019. Let's assume that's 2019.
Now what I do accorded the hunter fees is I note down that date somewhere, may 1 2019. I cross the threshold of nisab. I write that down somewhere. Now what I do is I take that book and I close it and I set a reminder in my calendar for May 1 2020.
May 1 2020, I opened up my books again and I asked myself and I see how much money do I own on this exact date. The date is very important. Very, very important. How much money do I owe? own on this day? Is the question.
If it's $4,805 or more, I will
Give us a call on that money, how much ever I own on May 1 2020, whatever amount I own on May 20, that passes then you solve I will have to give that much money. So let's say for example, now Okay, let me finish off the whole thing. If on May 1 2020, I'm under Denisov under $4,800. I don't know how to add or not have to give to God that year.
If it's more than 4800, I gives it up. If it's less than 4000, and 100, nose up.
And I'm not done, I'm going to explain a few points here.
So the first thing that I want you to keep in mind, the 100 fees, do not take into consideration anything that happens in the middle of these two dates. Let's say may 1 2019, I got $5,000. Then June 1, I went down to $2,000. And then October 1, I became a millionaire. And then February 2020, I came down to 5000. Again, like everything that happened in the middle doesn't matter at all. Do you guys understand? None of that matters. Now I know I'm using April, May June. But the truth is that we should be using stomach calendar, because that makes a big difference. But I'm just using this because many people are more familiar with it. That's why I'm using otherwise. The best way of doing
this was would be to establish an Islamic calendar, instead of saying may 1, I would say Ramadan first. Okay, just FYI, to be technical about it.
So whatever happens in between doesn't matter. So I don't need to calculate every day how much money I have otherwise, things like Gods is going to be impossible. How much? How much? Are you going to keep track of all your all your checks and balances too difficult? So all we say is that once you cross the threshold of nisab, you note that date down, and you close your books, you forget about everything, and you open it up the next year on that exact same date. And now you check how much money do you have? Come may 1 2020?
Come may 1 2020.
Okay, how much money do I have?
If, for example, on April 30, I earned $5 million
and may 1, I wake up that morning with $5 million, I also thought and 5 million, whatever I owe on May 1 2020, I have to give the cotton the full amount. If I had $5 million on May 8 may 20, on April 29, five $5 million in April 29. But then I woke up April 30. Only with $5,000. I give them $5,000 next year on the music outcomes. So whatever happens before May 1 does not matter. You have to wake up may 1, open up your books, see how much you own and give some thought to Cordingley. That's a very important point.
The only time we as Hana fees are concerned about what happens in between your tos accommodates is if you hit something called if last, if last means you hit rock bottom zero, you have $0 in your account.
If you hit $0 in your account,
then the whole calculation goes out the window, then you saw a date, everything goes out the window and you have to start everything all over again.
You lose your sakata date, you lose me stop everything. If you hit zero, the whole process starts all over again.
Okay, you wait until you cross me sob you write the date down. And then you wait and see the next year like you start all over again. Okay, if you hit zero at any point in the middle. So let's say for example, may 1, I had $5,000 December 1, I hit zero. So now what I do is I take that paper that I wrote my first thought and I rip it up and throw it away. The whole process starts again.
And I wait until I get $5,000 again, and then I start the process of documenting the date. And then I wait for one year. So if I ever hit zero, I take the paper that I have mine zacapa date on and what do I do? I rip it up and I toss it out. I'm done with that. Now I have to start all over again.
Okay, so yeah. So I mean, again, I'm using the Gregorian calendar here, but if I was using an Islamic calendar, I would say I'm long first. I had $5,000, then hedger, I came down to zero, I would take my date of Milan first and throw it away, then I would wait for the next time I have the five or 6000 again and that I would note that deep down. Okay. So that's the hanafy approach to the issue. Now the Jim hood, the shaeffer is in others, what they say is that every time your money goes under the nisab
you have to start your calendar all over again.
So for example, now let's use an Islamic calendar example. Just in case anyone's confused, let's say in Rajab, but I'll just 15th
14 it's 1441 this year and make sure it's 1441
Yep. 1441 Okay, so let's use
Raj up 15th of 1440
Roger up 15th of 1440
I got a
check of $5,000
I got a check of $5,000
let's say show while 15 I hit zero
Don't forget zero forget zero. Don't say she's zero show was 15th I hit $4,000
then we'll head on 15th
I went up to 5000 again.
Now we're in 1441. Okay, well, I'm now 1441
I fought them 1414 I had 5000, then 1441 Roger 15.
I had 10,000.
Okay, now look at this very carefully, we're gonna look at this from 100 fee and non monetary perspective. 100 fee perspective, we are going to use one color and for the non hanafy perspective, we're going to use another color. That way we understand it.
Now, according to the Hanafi perspective, this person's nisab date is June 15.
let's establish that
this person's nisab date is June 15.
He did not hit zero between this Roger 15 and the next Roger 15.
Therefore, we're going to skip everything that happened in the middle and jumped straight to Roger 15 to 1441.
And he had 10,000
on Rajat 15 1441, which means his pocket will be on $10,000.
Now, does your mood the other fucka
Chavez and others.
According to them,
his original succop date was Roger 15th, because that's when he hit 5000. And that's more than nice up.
Okay.
But then what happened is in show was 15 1440.
He went under the saw because 4000 is less than 4800.
Therefore, he no longer has any sob date.
Muharram 15th
he went over 4800. So this is his newness update.
That says newness update.
So now
they are interested in what happens on HUD 115 1442.
Let's add that let's add that let's add a moharram for 1442. Let's add them have them 1442 and put 10,000 there to put 15,000 there,
hold on 15 1440 to
15,000.
So according to the Jim hood, according to the sheriff and others, his ecard will be due on moharram 15th 1442 on a total of $15,000
on a total of $15,000.
Okay,
I know this has been a long class, some of you are probably toasted by now and you're exhausted. I understand that. I know that there are a lot of questions too. I would love to take the questions. However, there are one or two things that I still need to cover. And if I don't cover this, the class will be incomplete. So bear with me and let's cover this
Very quickly.
Now, now that we've now that we've determined and understood what nisab is, we've understood what socketable assets are, we've understood debt, and we've understood how the year process works. Now you know whether you owe Zakat or not, when it comes time to give us a cut, there are some things that you need to have in mind. There are some conditions when giving zakat. And then there are some guidelines on who can receive zakat. So we're going to cover these two things. So the first one is conditions of giving Zakat, conditions of giving zakat. Number one, when you give your Zakat, you must have an intention. You can't just give money and then after you give it to someone say, Oh,
that's the God's money, you can't do that. Before you give the money to that person, you need to make it clear that that is a God. You don't need to say it to them by the way, it's actually better not to sit to them. But in your heart, you need to know that that's the cup.
Number two,
when you give this a God, the second condition is done the leak the leak,
which in English is called transfer of ownership.
If you go back to the beginning of the class, when I give you a definition of Zakat, I mentioned transfer of ownership. This is where that was
transfer of ownership.
Which means that when you give this a cup to the poor person, that person must have complete ownership over that money.
That's why the card money cannot be spent.
For example,
digging a well out I mean, there's enough here but just stick with me for a moment. Stick with me for a moment okay. That's why I got money can't be used digging a well, I know there's a difference of opinions stick with the point that I'm trying to say listen to it. That's why it's the god money should not be used for digging a well the reason is because there is no ownership here who owns the well. Some leak is necessary. And this is very, very important for the honeybees. Because we say the rich is going to drink from there, the poor person is going to drink from there. If a rich person is drinking from years ago money because the public property the wild is public property, then that
means a rich person is benefiting from Zakat, and that's not dies.
So we need to make sure there's a leak which means one person owns the money.
Okay.
The next point is
when giving Zakat, you must make sure you are giving it to a Muslim.
This is from the conditions of zakat.
And Southern thought you can give it anyone but in zakaat one of the conditions is that it must go to a Muslim.
Similarly, when giving us a cut, you can also appoint someone else to give on your behalf like you can give to a relief organization to give it to a poor person.
Give it to an unhealthy person.
However, keep in mind, if you appoint someone else to discharge your backup, your backup is not considered as completely given until that person gives it.
So for example, if I gave $10 to Sally and I said to her, give this a card and maybe half. If she doesn't give it for a whole year, my scarf is not complete for a whole year.
Okay, there are a few more things but that'll do for now. The last discussion for tonight is the discussion of Masada Zakat,
which people are qualified to receive Zakat money
who can receive who is eligible to receive Zakat
who can receive the cup
So, a few things right off the bat. A few things I want to make very clear.
You cannot give us a god to
your soul or furore
you cannot give us a god to your soul or for
also means you cannot give a cop to your father, your grandfather, your mother, your mother, your grandmother like anyone. That's
Assuming anyone that's above you in lineage, like your father or grandfather, mother grandmother, you can't give any of them as they got
through it means anyone under you, your children that are born from your lineage, you can't give to your grandson, your son or daughter or granddaughter you can't give to anyone underneath.
A husband and wife can give to each other,
if their assets are separate, but if their assets if their assets are one, if the husband and wife have a joint account, then they can't give to each other.
Because you can't become a beneficiary of your own wealth. It's not advice
you can give to other relatives your mother in law, father in law, uncles, aunts, nieces, nephews, you can even give to your brothers, your sisters.
We talked about in laws, we talked about cousins, these are all jobs, not only is it permissible to give to them, it You may carry double the reward because not only are you giving us a copy, but you're also maintaining good ties and good relationships. So there's a second reward there.
Now we go into the actual list of people who are permitted to receive zakat.
For this
all you need to do is open up sudo October, which is sudo number nine, verse number 16. I'll list the
categories in front of you but they're taken literally from this verse. One by one, it's very clear they literally take what's in the Koran they put it here, and those are your Masonic fizika the people who can receive Zakat,
sort of Toba which is verse number nine so number nine, and the ayah number 16. So 960
Who are these people?
In total there are eight people who can receive the cut
number one fucky
number two miskeen
number three,
me
number four, model fit kulu
kulu
kulu.
Number five, record
via Cobb.
Number six
rim rim
number seven fi Sabina Allah
and the Last number eight it Vanessa Sabine
Vanessa be
okay, fucking the first one.
A 14 is one who does not possess possesses the cuttable goods equivalent to the nisab.
He does not own
wealth equivalent to any sob
either in countable assets
or even in their basic necessities.
So actually put it this way, either in the carnival or alonza got the book. Let's put it that way. The person does not have what equivalent to nisab in the Gospel or Nanda got the booklets.
That person may be healthy, they may have a job, but if they don't have the right amount of money, we will say this person is funky. They can accept zakat.
miskeen is someone who has nothing at all, bro. Zero.
Amil is a Zakat collector.
They are appointed by the government to collect the cards from people.
This is the only category keep this in mind. By the way. This is important. This is the only person in this entire list the only category in the list, whereas the God is being given as wages. No one else is allowed to be given the contents of wage. The army is a jacket collector, the body of the judge the halifa can get
him zakaat as a wage
will fit palooka home. This is a
very disputed one. One refer to Hulu home refers to those people whose hearts need to be reconciled meaning in the visa law it was set them gave them a cot. These were people who were interested in Islam, or were new Muslims. And
they were insecure in terms of their financial position, because now that they were Muslims, their family members and their friends, their associates had abandoned them. So there was a very strong possibility that they wouldn't be able to remain Muslims with the financial position they were in, or they were on the edge because being Muslim as far as beliefs went was awesome. But if a person can't financially take care of himself, what are they going to do? So for these type of people would be sent along to sort of music to support them. As an incentive here were for you, we're here for you, we'll take care of you. The shaft release, by the way, they say that in the gym, who they say,
the shaft and the amount of the shaft ramanamma. They say model of collusion can be given to Muslims or non Muslims. And the reason Maliki's, they say, This only applies to Muslims. So the person is already Muslim, yet there are new Muslim, and they need some assistance financially, you can give it to them, the shaeffer ease and the habila they say this can be given to a Muslim and non Muslim. So according to them, this would be the only example where the cop can be given to anonymously. The hobbies and the medic is they say, even in this category, if you're going to give someone money to help them ease into Islam to incentivize to support them, that person has to have already been a
Muslim, this is the Hanafi and Maliki position
or recall, which was the next category number five.
These are slaves and in particular, if there is a slave that is in contract with his master, that if I paid this much money, you will set me free.
It is permissible to give that that slaves got money to get him out of his
his contract as soon as possible. This is just
not him. Number six. Cotton refers to someone in debt.
Someone whose debts when they are deducted, that person no longer has any sort of
someone who is in debt and their debts when deducted. result in this person being below nisab. For example, there's someone that has $10,000 but their college loan is $300,000.
So now this person is in debt, they can refuse, they can
receive Zakat to help pay their money off to help pay their debt off. That's a job for them.
Number seven feasibility law in the path of the law.
Now what this piece of Minami
thegem who shaeffer is and others they say this is very broad. So this is why they allow for Zakat money to be used for digging wells because they said it's for a good cause he submitted as a good cause
it's a it's jives, gize meaning that it's permitted
to say it's permitted to use God's money for any good cause very broad for wells, hospitals, schools.
masjids all sorts of stuff, anything and everything for advocacy groups for MSA for high school clubs, anything as long as it's a good cause there's some religious connotation to it, use it
the holidays they say that this either applies to someone who
is fighting for the Muslim like the Muslim khilafah there's a halifa who says go he's a mage is that applies to a fighter number to
some sage supplies.
Who was in Hodge and lost their money leave that one just my jaw hit someone was a fighter. And then some say number two on how to among the homies. They say it also applies to a unhealthy student of knowledge
and wealthy student of knowledge.
They say feasibility is very limited, they don't broaden it, they don't open it up.
So as a hanafy when someone says to me that you can give Zakat money for the building of a Masjid, I can't give that person's the cost money. I can give you some other call, but I can't give you the
I can't give it to you for your expenses, I cannot give you the god money for your wages for you to pay wages or for you to take care of payroll, I can't do that. The gym would allow me to shop for ease and others they love it. Whenever I see Jim who that refers to a large group of body, large, scholarly, large body of scholars, they allow it.
But even the jumbo to see the thing is that I think there's abuse to be honest with you. I think people take the position of the gym when they abuse it.
If for example, someone said to me that there is a community and there is no one there too.
No one there that can afford to, you know, dig out a well there. And we'd like to collect as a COC money to take a while out. I don't think I would say no, to be honest with you, because it's a necessity. It's a need, people need it. If we don't give them water and we engage with our legal discussions, people that are going to die of thirst, we can open up feasibility law, and are not just being like, you know, Renegade here. Like there are 100 free text in this to that I can quote, maybe in another gathering, I spoke to many shoe chefs, I mean, from battle costume, I spoke to him about this issue. And he said a fear is a necessity. Even the honeybees have more support in the
past,
giving Zakat under the term of feasibility law in a more broad sense. For example, there is a machine in the inner city, if they don't collect the money to build their machine, it's possible, they won't have a machine. So it's important that everyone steps up and they support them, even if it's through God money. Now, what happens is that some folks, they take the most broadest definition, if he submitted a lot to the gym, he would have, and they start collecting the god money, even though they should have done their machine structure, construction within $2,000. But now that they have so much money coming in from the community, like you know what heck that I'm just
gonna
to heck with that. I'm just gonna do like a $5 million project. And they have these, you know, hundreds of 1000s of dollars of chandeliers hanging from the mesh of the roof. And the truth is that that money that chandelier is there because people are giving us a cop, or they're able to pay for the wages of, you know, very ridiculous high expensive wages of certain imams or their community educators or whatever it is. And it's all through the economy. I think that's abuse, that money should have be hit in the hands of the poor and not being used for these sort of expenses. latos best, this is my sort of internal gripe with the issue. The hanafy standard is that the FDA are the
primary recipients. Okay, the last one. And with this, we'll close our discussion today inshallah. The last person who is permitted to receive the cut is a person referred to as a business savvy, a business savvy.
This is basically a traveler,
a traveler.
So any traveler who needs funds to complete his journey can accept Zakat, even though he may be wealthy back at home.
This isn't a time where people didn't have credit cards, they didn't have debit cards, they could have just go up to a machine pull money out, you know, you are traveling, you didn't have money, you're stuck. And if that happens today that you're traveling, you're out of money, you're stuck, there's no way for you to access your money, you can accept the cost to get back home, that's dies. But if you have access to your own money, then rather than taking someone else's, you should take your own money.
So that's the summary of our class today. As I mentioned, this was an Alaska summary. I had no intention of going into every massala of zakat. I have no doubt that many of you may have questions. I have issues that I did not cover or issues I did not cover clear the I apologize. I did have an intention of taking a bunch of questions from the chat. We have like a lot of questions here. I saw them flowing in during the class. But we've been on for almost two hours now. And I'm kind of exhausted myself. And I'm sure you guys are tired too. So we'll stop here we pray that Allah subhana wa tada grants and Sophia inshallah will answer the questions potentially through another series or
through another session. But for now we ask that Allah subhana wa tada allows us to purify our wealth to artistica and the laws of Magellan gives us Baraka in our understanding of the dean, Allah subhanho wa Taala makers from those who are there to assist the Quran. But Allah subhanho wa Taala deliver the risk of the Baccarat through our jobs, may we earn the money that they're supposed to receive. May we go to them, maybe deliver it to them, maybe be generous, maybe be kind, and we'd be in their service. Allah subhanho wa tada allow us to be there for the finma of those servants of his who are struggling in the world. Maybe
To the long line he was sent him said, we'll have done Saruman our tours akuna
illa with Arthur icon that are you not assisted and helped, but through the Baraka of your,
the poor people and the weak people among you.
So we asked Allah subhanahu wa tada to protect us and preserve us. With that we're going to close off in sha Allah. And Aziz, I know that there are some requests here. If we can get the access to the notes. Yes. If you visit the
the Ramadan resource pace remodel resource page that we've created for our website, let me see if I can pull it up very quickly.
Sally, can you open up your browser and go to Adam Institute, column dot Institute
slash Ramadan
dash sources. Actually, you know what I'm going to mess it up to you, I'm going to mess you to this link, Sally. So you can have it and just plug this in inshallah, that way everyone can see this page, and they're aware of it.
So she's going to pull it up shortly. This is a resource page that we've created with a bunch of resources that will be available to everyone from our community to benefit from to help them improve their Ramadan, and to move strong and move forward and then move on.
These are the notes from today's class, we'll get them uploaded there. Similarly,
I've put some slides together.
For today's class, we'll upload those there as well. So just keep an eye on that page and keep looking there inshallah.
And,
Okay, with that, we're gonna close I'm just gonna wait for Sally to pull up those notes. And then inshallah we could,
we can end our class inshallah.
I also just shared the actual link
in the chat box, for those of you that are on the chat box, you can use that and inshallah you can
access it from there, too. If she pulls it up quickly, that's great. We can add it into this video. So for those that are watching at a later point, they can see it as well. But for those who are here, you have it in front of you. I'll say it out loud. It's column dot Institute, forward slash Ramadan, our aim at N dash resources. And that's the
that's the link inshallah that should give you access to a lot of material. A lot of doors that we've been law books that we've recommended in the past, they're all there similarly, and workshops that we've done, here it is, this is this is the website right here.
I had a chance to speak on the issue of later the other last year so that video has been uploaded here. These are some books that we've recommended in the past chest of the Nasir did a FAQ Ramadan. So he did 30 days of Ramadan 30 questions, those are all there. There is a Ramadan prep program that's upcoming for sisters specifically, that's going to be uploaded here too. There's a special workshop and seminar we should be doing soon for
fluency of reading and memorization you know kind of getting into that as well during Ramadan we're going to have the notes for that up here as well. So just keep an eye on this area and you'll see a lot of your
a lot of their resources being plugged in here and we're just going to keep adding on this every year the goal is going to be to just beef this whole area. So if there are people who would like to just you know, take their Milan to a whole different level and are looking for resources come here and inshallah we will have a lot for a lot here for you to benefit from. So with that we ask Allah subhanaw taala to gratis dolphy If so, how to lie behind the heat from Hana calm, I'm Nick shadow Allah, Allah Allah Antara stuff, Furukawa to blue lake, as salaam aleikum wa rahmatullah wa Taala of etiquette