An Introduction to Financial Sacrifice

by Other Authors

Page 179 of 220

An Introduction to Financial Sacrifice — Page 179

179 A : The above-mentioned items are considered items of household use. Wa s iyyat is therefore not payable upon them. Wa s iyyat will similarly not apply on sewing machines, cameras, cassette recorders, VCRs, or other household devices as well. Q : In some countries, property is generally owned equally by husband and wife according to law of the land despite the fact that actually it is bought only by one of them. If only one of them is a M usi , on what portion of the property will H i ss a J a ’id a d be payable? A : a. If the property is equally bought by husband and wife, and only one of them is a M usi , he will have to pay H i ss a J a ’id a d on half of the property. b. If they both share the property merely out of constitutional necessity, while the property has actually been bought by one of them, he who has paid for it will have to pay H i ss a J a ’id a d on the whole property. If the other partner is a M usi and has not spent anything on that property, it will not be considered his/her property, nor will he/she have to pay H i ss a J a ’id a d upon it. c. It is necessary to disclose as to who is the actual owner. If one partner dies and the property is inherited by the other partner, who happens to be a M usi , he/she will then have to pay Wa s iyyat upon that property at the prescribed rate. Q : If H i ss a J a ’id a d has been paid upon a certain property, and that property is then sold and a new property is purchased, will H i ss a J a ’id a d be payable on that new property? A : The following shall apply on the amount which is received by selling a property, such as land, house, commercial plot, etc: a. If a new property is bought with the same or lesser amount, then H i ss a J a ’id a d shall not apply on it. However, if any income ensues from that property, H i ss a A mad shall have to be paid upon it (at the rate of 1/16) b. If more money is added to the amount at which the previous property was sold, for the purpose of buying the new property, then H i ss a J a ’id a d shall apply on the new property in proportion to the extra amount which was added to