Zakat on Madrasah books and other stock
Question
Our Madrasah sells books and sweets throughout the year. The profits are for the Madrasah. Are the books and sweets Zakatable as they are for business?
بسم الله الرحمن الرحیم
Answer
If your Madrasah is waqf and charitable in nature, there is no Zakat on the books and sweets. This is because waqf does not belong to anyone, nor do individuals benefit from it in the way that they benefit from a non-charitable company.
Allah knows best
Yusuf Shabbir
15 Dhū al-Qaʿdah 1441 / 7 July 2020
Approved by: Mufti Shabbir Ahmed and Mufti Muhammad Tahir