Masala # 1:
Zakat is not obligatory on all kinds of wealth and materials. Zakat is obligatory only on gold and silver, money, livestock (according to prescribed rules) and business goods.
Masala # 2:
The basic condition for Zakat to be obligatory is that after the amount of gold, silver and cash money is nisab, it should be in excess of the daily expenses. Therefore, zakat will not be obligatory on owned land, houses and vehicles. Zakat is not obligatory on land purchased without the purpose of sale. (Sunan Abu Dawood 1/255; Sunan Nasai, Hadith: 2256; Musannafe Abdur Razzak: 6054-6061; Musannafe Ibn Abi Shaybah, Hadith: 9964)
Masala # 3:
Apart from ornaments, zakat is also obligatory on other items of gold and silver. (Abdur Razzak in Musannaf, Hadith: 6061; 606; 6102)
Masala # 4:
Zakat is obligatory even if the money is left unattended in the business. (Addurrul Mukhtar: 2/26; Raddul Mukhtar: 2 / 262-300)
Masala # 5:
If gold or silver is carved on clothes or any other material, it will also be included in the calculation of zakat and the amount of gold and silver carved in it will be included in the zakat along with other zakatable assets. (Musannaf Abdur Razzak, Hadith: 606; Musannaf Ibn Abi Shaybah, Hadith: 10648-10649)
Zakat is not obligatory on ornaments of any metal other than gold and silver. Similarly, if there is no trade in precious stones like diamonds and pearls, then zakat is not obligatory on them. (Kitabul Ashar, Musannafe Abdur Razzak: 6061-6064; Musannafe Ibn Abi Shaybah: 6 / 448-446)
It is obligatory to pay Zakat at the end of the year if the amount of money surplus from basic needs is nisab and lasts for one year. (Musannafe Abdur Razzak: 6091-6092)
Similarly, bank balances, fixed deposits, bonds, certificates, etc. are like cash. Zakat is also obligatory on all these.
Masala # 6:
Zakat is obligatory even if the money is left unattended in the business. (Addurrul Mukhtar: 2/26; Raddul Mukhtar: 2 / 262-300)
Masala # 6:
The goods that are kept for sale in shops are merchandise. If its value is nisab amount then zakat is obligatory. (Sunan Abu Dawood, Hadith: 1/217; Sunan Kubra, Bayhaqi: 4/156; Muwatta Imam Malik, Page: 106; Musannaf Abdur Razzak, Hadith: 8103,6104; )
Masala # 6:
The money that is being saved for the purpose of Hajj or for the construction of houses, marriages of children, etc., is no exception. If the accumulated money is nisab amount separately or in combination with other zakatable assets and one year has elapsed on nisab, then zakat will be obligatory. If it is spent before the end of the year, then zakat will not be obligatory. (Musannafe Abdur Razzak, Hadith: 6032; Musannafe Ibn Abi Shaybah, Hadith: 10325)
Masala # 9:
Zakat on gold, silver, money and merchandise in excess of the nisab should be paid proportionally. (Musannafe Abdur Razzak, Hadith: 6032-6064; Musannafe Ibn Abi Shaybah: 7/390; Addurrul Mukhtar: 2/299)
Masala # 10:
When buying something for business purposes, be it immovable property such as land, flats or movable property - such as groceries, clothes, ornaments, construction materials, cars, furniture, electronics, hardware, books, etc. - it is called merchandise. It will be considered and if the price is nisab amount then zakat will be obligatory. (Abdur Razzak in Musannaf, Hadith: 6103-7104)
Masala # 11:
If someone had a nisab amount of gold, silver, money or merchandise individually or collectively, some other such wealth was found in some source in the middle of the year, then the newly acquired wealth will be added to the old wealth and zakat on all the wealth after the old wealth is completed Have to pay. Individual years do not have to be completed for what is added in the middle of the year. (Musannafe Abdur Razzak, Hadith: 72, 6040-6044; Musannafe Ibn Abi Shaybah, Hadith: 10325, 10326)
Masala # 12:
If the nisab is full at the beginning and end of the year, then zakat should be paid. Sometimes it is not permissible to reduce the nisab. However, if after the loss of all the assets in the middle of the year, the owner of the nisab amount of assets again, then the reckoning of the year will start from that time and zakat will have to be paid after one year is completed. (Musannafe Abdur Razzak, Hadith: 8042,6044; Addurrul Mukhtar: 2/302)