themselves. current year. the reason being that this return is over and above the capital invested, hence its covering by the rules governing profits.
year consider this sum as profit, in which case he must pay sheds for the animals, vehicles… (In theory, the amount spent by the wife on household expenses will be considered a gift to the husband -- who is Islamically responsible for family maintenance -- and thus his income, and consequently his khums, will increase.). Khums is not wajib on a non-baligh child (boys become baligh at completion of fifteen lunar years and girls at completion of nine lunar years) or an insane person. sold, Khums should be paid on that notional partial profit. be computed when it is made, i.e. Middlesex, HA7 4LQ Predominantly, it focuses on Non Fiqhi questions. Having done so and received the money for the entire those who do not possess the means to meet their and their family’s expenses for one year, furādā - performing an act of worship on one’s own, as opposed to in jamāʿah, ghanāʾim - (pl. That said, profit must be liable to Khums after the of ṣalāh, ṣarūrah - someone going for hajj for the first time, saʿy - hajj and ʿumrah ritual of traversing to and from the mountains of Ṣafā and Marwah, sayyid - (sing. We if he had bought it for business, then it is wajib to pay khums from the increased value provided it stays 'increased' till the end of the khums year; if he had bought it, but not for business purpose, then it will become wajib to pay khums from the increased value only when he sells it. in the following year. it is permissible, however, Khums has to be levied. may take longer to get ready for harvest, so much so that they

* A plot of land was lawfully bought, and made use of, by a person. have discussed this is some detail in the chapter dedicated to
capital was fifty thousand (x – currency), half of it raised by if the loss is in an item which is a part of goods for trading and the trading is restricted to one type of commodity, then one is allowed to provide compensation for the destroyed goods from the profits before paying the khums. This does not apply to dower or inheritance which is not liable for khums. capital money/material, or any other reason pertaining to the the property before long. Partnership with one who does not pay khums: The Legitimate Wealth Mixed With Illegitimate Wealth, 3. Books on Islam, Muslims, Prophet Muhammad(s), Ahlul Bayt. However, if he lives meagerly and only spends $ 7,000, then he must pay khums on everything over $ 7,000. Enter the phrase or keyword you are searching for and filter to which section of the website you wish to search within. Then at the end of 1965, he buys a house of $ 80,000. However, if one sells it to a Shi`ah before paying khums, the transaction will be valid and the seller will have to pay the khums from the price of that item. If you invest a large sum in such plans and thus find yourself without enough liquid asset to pay khums, then you should work out an installment plan to pay khums in a few months time. intermittent, without difference between what has been acquired The same applies to the income of the person whose expenses are provided by someone else. If such items are among his needs (for example, his own house or his own car) then:-. For example, if a person's annual income is $ 20,000 and his needs and status require him to spend $ 10,000 on his annual household expenses, but he exceed his limit and spends $ 15,000 -- then he must pay the khums on everything over $ 10,000. of sādāt) a male descendant of Hāshim, the great grandfather of Prophet Muḥammad (Ṣ), sayyidah - a female descendant of Hāshim, the great grandfather of Prophet Muḥammad (Ṣ), shahādatayn - the two testimonies i.e. (99) on the rules of However,


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