Ways to give
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Answered by Sh. Mustafa Umar1 min read
If you give someone a security deposit to hold against possible future charges, it is like a loan with a future due date. You will not pay Zakāh on that money, but the holder of the deposit will since they are able to use that money in the meantime.
If the gold and silver jewelry is for resale or is used as an investment and never worn, then you must pay Zakah on it every year. If the jewelry is worn regularly, then you do not have to pay Zakah on it (but it is better to do so anyways because scholars differ and because it helps the poor).
No, because it is due after one lunar year and that timing varies for people. So it would be unfair for whoever has Zakah due outside Ramadan.
No, because Zakah is due on a specific day, and delaying it would be sinful, just like delaying prayer. However, you can pay earlier so all your Zakah is paid by your due date.
Yes, if your taxes have not been paid yet and you know exactly how much they will be. The general principle is that the calendar tax year is Jan 1st to Dec 31st and you have about four months to pay it. If you have not paid your taxes yet, it can be deducted from your Zakah calculation as a debt you owe, but if you have paid your taxes then it cannot be deducted.