Brother in islam
I am from fiji,and have some questions for which I need answers
Have a sum of money in a Credit Union (CTCL) as savings eg $15,000.00 and receiving divident annually?
Have a saved sum of $10,000.00 in an insurance company for a term of 5 years.After completion of five years will receive $10,000.00 plus bonus for 5 years?
Have a sum of money in FNPF (compulsory savings from governments salary for the job we do) and the governments adds some amount to it annually may be as interest/divident or bonus.
Have a house from which we receive rent as income,which we use to pay the rent of the house we staying in.
Could zakaat money be given to a person who is on a home loan for the house he is living in.He makes the payment of loan from his salary and also from the rent he receives from a flat attached to his house.
Could zakaat money be given to a muslim person who married a converted muslim for the payment of the home loan in which they live,as both of them do not follow the muslim culture anymore.
Is it right (Halaal) or not.
I am paying insurance for my ownself from my salary so that if I die due to some reason the sum insured could be given to my kids or life partner so that they do not find difficult financially for some time.Or if I have an accident the money could be given to me so that I can meet my own living expenses when I cannot earn anymore.