Fiqh of Zakat #2 - 401K, Stocks & Mutual Funds
Yasir Qadhi
Muslim Central
4.8 • 1.3K Ratings
🗓️ 24 April 2019
⏱️ 16 minutes
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| 0:00.0 | This audio is brought to you by Muslim Central. |
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| 0:08.0 | www. |
| 0:09.0 | Muslim Central.com forward slash donate. S'm D'Alat, what's is |
| 0:23.0 | al-A al-A alah al-Lihihihihihih one |
| 0:26.0 | while al-a-ma bad. |
| 0:27.0 | Today we'll continue part two of our lecture on Zika. |
| 0:31.0 | It'll be a little bit technical, I apologize for for that but it needs to be done in terms of how to give Zeka. |
| 0:36.0 | And I want to begin by stating that modern rules of Zeka are obviously vary. We're not talking about classical |
| 0:42.2 | fick, we're talking about |
| 0:43.2 | stocks, we're talking about mutual funds, we're talking about 401k. |
| 0:46.7 | Obviously, our modern scholars have tried their best to make it jihad and you will |
| 0:51.1 | find a spectrum of opinion. Therefore my advice to you all |
| 0:54.7 | don't play games with the shari. Allah knows your intention. Allah knows you're |
| 0:59.5 | trying your best and Allah will judge you based upon your intention. Try your best and Allah knows your |
| 1:03.0 | best and law will judge you based upon your intention. Try your best and Allah knows your sincerity. |
| 1:06.0 | Ask the sheik that you trust and then follow that advice. |
| 1:09.0 | So very briefly, |
| 1:11.0 | how do we give Zakat on our liquid assets? Technically, Zakat is due on the amount that a person |
| 1:18.9 | has owned for a whole lunar year as we said. So our scholars in trying to make Islam easy for us, they gave us a simple rule. |
| 1:26.4 | They said the fact that most of us are salaried employees and that our bank accounts are going to vary every single month. |
| 1:34.9 | They advised us the following, choose one date of the year. |
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