Q: I have invested 200000(2lacs) in gold business last year August 2017. The profit of which is expected to come in December 2018 of amount 1.2lac.
1. Which amount I shall consider for zakat, the invested amount or the profit or both?
2. There is some amount I have invested in the business for which I get monthly profit. So in that case also which amount shall be considered for zakat, investment amount or the monthly profit.
And Allah Ta’ala (الله تعالى) knows best.
Mufti Ebrahim Salejee (Isipingo Beach)
This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.