Who should pay Zakah on speculated money?


385

A: Zakah is due on the amount of money mentioned above prepared for investment in trade once a Hijri year has passed. Moreover, Zakah is due on the capital along with the profit after the passage of one Hijri year. If the capital is used up in buying certain goods for trade, their value after the passage of one Hijri year is estimated as it is then and there will be 2.5% Zakah due on the total of the capital and profit. (Part No. 9; Page No. 357) May Allah grant us success. May blessings and peace be upon our Prophet Muhammad, his family and Companions!




Tags:




Menstruation, Al-Istihadhah (irregular bleeding) and PostnatalBleeding