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Fiqh: The One-Fifth Tax (Khums)

Khums on Pension

Submitted by Anonymous on Wed, 01/10/2014 - 20:34

Bismillahhirrahmanirrahim Salamoon Aleykoom, The company I work for offers a private pension scheme which is now by law compulsory in England for all employers to offer their employees. The participation is not manadatory but my company encourages and expects employees in my position to join. A percentage of my salary is deducted from my salary. The scheme is very attractive as the company matches my contribution to the fund. However I do …

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Khums on unused student loan

Submitted by Anonymous on Tue, 26/08/2014 - 13:42

Salam, I’m a university student who receives a loan each year from the government to help pay for my tuition fees. The loan doesn’t accumulate any interest on it, until I finish my studies, thus no interest has been accumulated! The loan doesn’t come as a lump, but rather in small chunks. After paying my tuition fees, I always have some money left over, I’m wondering if I have to pay khums …

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Paying Khums for Children

Submitted by Anonymous on Sun, 13/07/2014 - 12:49

How do you pay khums on the following : 1. Access clothing, toys, gifts that belong to your children that have never been used for more than a year.(Do you have to pay) 2. Children receive cash as gift from family members and their parents. 3. If you spend the money of your children received as above, can you deduct them from your saving before calculating your own khums. Thank you.

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