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Zakat

Answered according to Hanafi Fiqh by Fatwaa.com
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What is zakat rate on resturant business ???

Answer

Wa’alaykum as Salam wa rahmatullahi wa barakatuhu,

Zakah is compulsory on stock which a person intends selling. 2.5 % should be given on the market value of the stock.

In case of a restuarant, 2.5% should be paid on all the ingredients which are stored for preparation of meals, and on all other stock which is being sold (example: cold drinks, chocolates etc)

And Allaah Ta’aala knows best

Wassalaam,

Ismail Moosa (Mufti)

References

وفي عروض التجارة الزكاة   (شرح مختصر الطحاوي للجصاص – 2/ 336)

الزكاة واجبة في عروض التجارة كائنة ما كانت إذا بلغت قميتها نصابا من الذهب أو الورق يقومها بما هو أنفع للفقراء والمساكين منهما (مختصر القدوري – ص: 57)

This answer was collected from Fatwaa.com which is an excellent Q&A site managed by Mufti Ismail Moosa from South Africa. .

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