Khums on Inherited Coins
Q: I got some silver coins through inheritance. Are they liable to khums or zakāt?
A: An inherited property is liable to no khums. If the coins are not used in daily transactions as money, they are not subject to zakāt, either.
Delaying Khums Payment of a Land until Its Price Rises
Q: What is the ruling regarding khums payment on a land that has been bought 20 years ago at a very low price without paying its khums and its price now rised by about 2000 times?
A: The owner owes the khums amount on the purchase price. Assuming that the actual price considerably differs from the purchase one, it is a caution that they do musalāḥah concerning the price differences.
Khums on Proceeds from the Sale of Shares
Q: I was a member and shareholder in a producing company affiliated to the Ministry of Cooperation. I was calculating and paying my khums every year to your Eminence’s representative / attorney. Now, I have sold my shares and made a settlement with the company? Is the money I received for that subject to khums?
A: If the money with which you bought the shares of the company was khums-paid, gifted, inherited, etc. i.e. was not subject to khums, after settlement and receiving it is liable to no khums. But, if you had bought them with the income earned during the khums year before paying their khums, shares selling price is subject to khums.
Khums and Zakāt on Silver
Q: should a person, who works in silver jewelry and settles its khums every year, pay zākat on it as well?
A: It is not subject to zakāt unless it is coined used in the daily transactions and it reaches the threshold.