Saturday 29 Rabi‘ at-akhir 1443 - 4 December 2021

Zakat on money that is invested in trade


Publication : 19-07-1998

Views : 28718


Asalamu Alaykum.
I have a certain amount of money. The whole amount is above the nisaab.
However, part of it is in the trade business. In calculating the current year's Zakat, do I have to include the amount that's not back yet from the trade; or should I only calculate the Zakat upon what I currently have with me at this point of time.
Jazakum Allahu khayran


Praise be to Allah.

If one year has passed since you have possessed this wealth, you should pay zakaat on it, whether it is on hand or is invested in trade. If you have earned some profit on it, the zakat for that is due when the zakat on the original amount is due. And Allaah knows best.

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Source: Sheikh Muhammed Salih Al-Munajjid