IslamQA

Zakat on Personal Property (Hanbali Fiqh)

Answered according to Hanbali Fiqh by HanbaliDisciples.com
Q: Do I have to pay zakat on personal property I intend to sell?
A: As a general rule, zakat is not due on personal property.

If you intend to use your personal property for commerce, zakat is due after the completion of 1 hijra year from the time you actively put it on the market.

Source: Hidayat al-Raghib

This answer was collected from HanbaliDisciples.com. The questions have been answered by Imam John Starling.

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