What is the ruling on Khums in regards to non-monetary gifts received which one would like to re-gift to others but have not done so before the Khums date?
What is the ruling on Khums in regards to non-monetary gifts received which one would like to re-gift to others but have not done so before the Khums date?
Sayyed Mohammad Al-Musawi, Sayyed Mohammad al-Musawi is originally from Iraq and heads up the World Ahlul Bayt Islamic League in London. Other than being involved in various humanitarian projects, he frequently responds to... Answered 4 years ago
Khums is only obligatory on money and wealth but in every material we own which is more than our lawful expenses. Non monitory money which are not used for one year from the time of getting it, must be calculated according to current market rate, then khums must be paid out of it. If you keep the gift unused to gift it to others, there is Khums on you as far as you give it others before completing one year from owning it. If one complete year passes and the gift is unused and belongs to you,bayou will then to pay the Khums of its current value of 20% of the material itself.
'Wassalam.