Thursday, 9 February 2012

He has a portfolio in the stock market and he has not paid zakaah on it for two years

I have had a portfolio in the stock market for nearly two years, and I did not know that I had to pay zakaah. What should I do and how should I pay zakaah?.

Praise be to Allaah.
In the answer to question no. 69912 there is a detailed discussion on paying zakaah on shares. Please read it to find out whether you have to pay zakaah on these shares or not.  
If you have to pay zakaah and those who are in charge of the shares are paying the zakaah on the shares, then you do not have to pay it again. 
If they are not paying it, then you have to pay it for the past years. 
See the answer to question no. 69798
And Allaah knows best.
Learn Holy Quran because it will be a proof for us muslim on the Day of Judgment.
This is due to the statement of the Messenger: “And the Quran is a proof for you or against you.” [Muslim] so the deputy of every Muslim is to read quran and learn quran with tajweed so one of two things will occur with this proof, the Book of Allah. And this quran education will be in your favor, a proof for us on the Day when we will need every single good deed and learning quran along with doing quran memorization is one of it and to add more spread the quran teaching and spread the kids quran knowledge and listening to quran online and understand the quran tafseer , it will be something standing against us and follow the guidance of or prophet Muhammad peace be upon him, and these good deeds will be a proof against us! Who could be saved from the terrors of that Day if Allah’s own Speech is against him?!?! Think carefully, so reading Arabic Quran and teaching our kids quran qaida with the tafseer of quran  and let the kids memorize quran dear Muslim brother or sister, about your position with the reading Quran! Are you neglecting it, contradicting it, being heedless of its orders and prohibitions, are you thinking deeply over it?! Will it be on your side on the Day of Judgment.? So learn quran recitation! O Allah! We ask you, by Your Glorious Speech and the rest of your beautiful Names and Attributes, to make the Quran a proof for us! So the Quran tutor should let his student know about these facts also, 

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