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Fiqh: The One-Fifth Tax (Khums)

Stocks&Shares

Submitted by Anonymous on Thu, 08/10/2020 - 15:13

Bismillah, Let’s say I have saved £1000, I then pay khums on the amount at the end of the year, which would be £200. I now have £800, I would like use this as a purpose of business by buying a stock worth £800. Do I have to pay khums when buying the stock?

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Khums on little earnings

Submitted by Anonymous on Thu, 24/09/2020 - 21:07

I am an elderly lady and have recently lost my job, and now am dependant on my kids, however recently have started cooking rotis just to save for a rainy day. But I dont earn much, per month I make less than £50.00 pounds, and I feel that I still need to pay khums on it by the end of the year. Please can you confirm it for me …

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Is Khums applicable when you purchase stock or earn dividends?

Submitted by Anonymous on Wed, 26/08/2020 - 14:24

Salaams.I have two questions1) I want to invest money in the stock exchange. Do I have to pay khums before I invest?2) I have earned my dividends from the stock and I plan to reinvest them back into the stock to grow my portfolio. Is there khums on the dividends as well?

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What is the ruling of Khums for us?

Submitted by Anonymous on Wed, 26/08/2020 - 08:35

I have a Khums related questions:Since I and my wife have started working, all our combined income goes towards monthly Bills and expenses. Our expenses are just everyday essentials nothing extravagant but at the end of each month we don’t have anything left and we have to rely on credit card. We have some food items left in the house till the next payday. We have never paid khums to date because …

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Is it valid to have profit on a amount saved in national savings?

Submitted by Anonymous on Wed, 04/03/2020 - 04:03

I am receiving the profit over a certain amount saved in national savings. is it religiously right to have this profit ?

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Khums and student loan

Submitted by Anonymous on Tue, 28/01/2020 - 00:32

Sa,In light of the new Khums rulings from Ayatollah Sistani, will Khums be due on an individual with an outstanding student loan as per the terms and conditions of the Student Loans arrangement in England (http://media.slc.co.uk/sfe/1819/sfe_terms_and_conditions_guide_1819_o.pdf)Thanks

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Khums payment

Submitted by Anonymous on Fri, 29/11/2019 - 00:56

Assalam o alaikum,I received a large amount of money from a montly savings policy last November. I wanted to use this to repair my house but haven’t been able to as I haven’t found a builder. It’s now been a year, do I need to pay khums in this money?Also, for example I need to pay £2000 khums on £10,000. Could I take that £2000, from the 10,000 in the bank …

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Khums..

Submitted by Anonymous on Sat, 16/11/2019 - 23:43

Is khums wajib if you have credits in different accounts for a long time?

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Khums and How to Pay YEARLY

Submitted by Anonymous on Sat, 23/03/2019 - 21:57

I have a khums related issue, is it possible for you to answer ? How do you calculate khums YEARLY in a business – especially on deducting the khums paid capital in second year? For example YEAR 1- Net Capital is $1,000 – $200 (will be khums) Remaining- $800 (khums paid capital) YEAR 2- Net Capital is $2,000 (Do I have to deduct the $800 of khums paid capital ? Even though, …

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Khums URDU

Submitted by Anonymous on Wed, 06/03/2019 - 03:54

Kuch Educational Training Courses hote hai jisme Limited Seats Hoti hai…. Ussme pehle se Naam Likhva na padhta hai aur Payment bhi kar dena padhta hai…. Farz kare… Course Fees 30,000 Indian Rupees Educational Course(Training) Ke Fees ke Payment ki Taarikh:–1st February 2019…Is Taarikh ko Maine usse 30,000 Diye…. Meri Khums ki Date:–20th February 2019 Educational Course(Training) ki Date :–6th March….Khums ki Date ke Baad…. Kya Iss 30,000 Rupees pe Khums Waajib …

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