Home » Hanafi Fiqh » DarulUloomTT.net » Zakaat on stock inventory
Question:
ASSALAM U ALAIKUM
I WOULD LIKE TO FIND OUT IF YOU HAVE STOCK FOR TRADE LIKE HARDWARE ITEMS…THEN ZAKAAT MUST BE PAID ON THIS. HOWEVER IS ZAKAAT PAID ON THE STOCK AT HAND PRESENTLY OR ON STOCK THAT YOU HAVE OVER ONE YEAR.
Answer:
Wa Alaikum As Salaam,
If you have the Nisaab already, then you need to pay on all the stock at hand. On these, you do not have to wait for one year to pass over it.
Mufti Waseem Khan.
24/7/2012
This answer was collected from DarulUloomTT.net, which is operated under the supervision of Mufti Waseem Khan from Darul Uloom Trinidad and Tobago.
Read answers with similar topics:
Zakaat| Cookie | Duration | Description |
|---|---|---|
| cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
| cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
| cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
| cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
| cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
| viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |