Zakat (Practice Questions)

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Zakat (Practice Questions)

Question 1
Naseem have MVR 1,250,000 in his Bank of Maldives current account for a period of
one lunar year. Calculate how much he has pay as Zakat.
Question 2
Hamid paid MVR 7,500 as Zakat to MIRA for this lunar year. Find the amount of wealth
Hamid possess during the year.
Question 3
Who is obliged to pay zakat?
Question 4
Is zakat obligatory upon non-Muslims?
Question 5
Is it obligatory to pay zakat on behalf of an insane individual or a minor?
Question 6
What property is zakatable and what are the zakat rates?
Question 7
Is zakat due on anything purchased with the intention of reselling?
Question 8
Is zakat due on investment income?
Question 9
Do I calculate my zakat on the full amount of the property, or the full amount less the
minimum nisab?
Question 10
Is zakat due on household items and personal effects?
Question 11
Is zakat due on lost and found items?
Question 12
Who is entitled to receive zakat?
Question 13
Is it permissible for zakat collectors to deduct wages and other expenses from zakat
itself?
Question 14
What is the role of zakat in Islamic economics?
Question 15
Zakat i s the _________ fundamental pillar of Islam.
A. Fourth
B. Third
C. Second
D. First
Question 16
If one has ________ sheep, he should pay Zakat.
A. 30
B. 10
C. 40
D. 20
Question 17
________ is levied on agricultural land.
A. Kharaj
B. Zakat
C. Ushr
D. Jizya
Question 18
_______ of Ushr levied on non-irrigated land (by rain or some natural spring).
A. 10%
B. 20%
C. 5%
D. 7.5%
Question 19
__________ of Ushr is levied on artificially irrigated land.
A. 20%
B. 10%
C. 5%
D. 25%
Question 20
The literal meaning of Zakat is ___________.
A. Pollution
B. Purification
C. Spending
D. Saving
Question 21
What is the Nisaab of Gold in grams?
A. 89 grams
B. 85 grams
C. 87 grams
D. 83 grams
Question 22
A person ‘X’ is a manufacturer of clothing. He has the following assets and liabilities
at the end of the Zakah year.
Assets Amount (MVR)
1. House 2,000,000
2. Furniture & Household Effects 25,000
3. Motor Vehicle 600,000
4. Gold 100,000
5. Diamonds 50,000
6. Cash 1,500,000
7. Stock-in-trades 1,000,000
8. Machinery 500,000
9. Receivable from others 800,000
10. Vacant Land 800,000
Liabilities
11. Bank overdraft 50,000
12. Trade creditors 500,000
13. Loans 700,000
Total Liabilities 1,250,000
Required
a) Calculate Zakat amount to be paid for the year.
Question 23
Nasee Ltd manufacturer Cakes. He has the following assets and liabilities at the end
of the Zakah year.
Assets Amount (MVR)
1. House 3,700,000
2. Furniture & Household Effects 50,000
3. Motor Vehicle 900,000
4. Gold 450,000
5. Diamonds 59,000
6. Cash 5,500,000
7. Stock-in-trades 7,000,000
8. Machinery 600,000
9. Receivable from others 200,000
10. Vacant Land 400,000
Liabilities
11. Bank overdraft 60,000
12. Trade creditors 589,000
13. Loans 734,000
Total Liabilities 1,383,000
Required
a) Calculate Zakat amount to be paid for the year.

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