Q: I purchased goods from India to sell in South Africa. Must I give zakaat on the cost price at which I purchased these goods?
A: You have to give zakaat on the market value of the goods in South Africa.
Home » Hanafi Fiqh » CouncilofUlama.co.za » Calculating Zakaat on Imports
Related Q&A
- When calculating Zakaat what value of company shares should be used? i.e. current value or purchase price as values do change drastically
- Is Zakaat payable on stolen goods?
- Zakaat On Investments
- I purchased a property but I am still not sure if I am going to keep it or sell it. Do I pay Zakaat on it?
- Zakaat on Dead Stock
- Fatwa - Calculation of Zakaat
Calculating Zakaat on Imports
Answered as per Hanafi Fiqh by CouncilofUlama.co.za
Short Link: https://islamqa.org/?p=50970
Link copied!
This answer was collected from CouncilofUlama.co.za, which is operated under the supervision of Council of Ulama Eastern Cape, South Africa.
Read answers with similar topics:
ZakaatRelated Q&A
- When calculating Zakaat what value of company shares should be used? i.e. current value or purchase price as values do change drastically
- Is Zakaat payable on stolen goods?
- Zakaat On Investments
- I purchased a property but I am still not sure if I am going to keep it or sell it. Do I pay Zakaat on it?
- Zakaat on Dead Stock
- Fatwa - Calculation of Zakaat
Random Q&A
More Answers…
- Wallet Falling in Grave
- Unconsummated Marriage and Divorce
- Following Istikharah
- Wearing Silk and Kiswa
- Hindu Festival
- Scenario of Divorce