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Fatawaa - Search Sections - Zakat on Trades

How to Calculate Zakah on Gas Cylinders

I own a warehouse for selling household gas at wholesale prices. Is Zakat obligatory on the empty gas cylinders or only on the liquid gas contents inside the cylinders?

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How to Calculate Zakah on Trading Merchandise

I`m a tradesman and don`t know how to calculate the Zakah due on trading items. Hawl (Zakah year) has lapsed only over some of the goods; some have been damaged and I might return them to the owner. Sometimes, I pay for goods in advance and, sometimes, by installments. I also have money in my bank account, in addition to cash and uncashed checks. Also, people owe me money; some of which are repayable and some are unrepayable. I`m also indebted and have taxes and expenses to pay. I have vehicles, such as cars, trucks and the like, real estate; some are for trade and some aren`t, and some I rent to generate income. This is in addition to my own private money, car and house and other items not set for trade. My wife has also adornment gold, in addition to gold for saving. What is the ruling of Sharia on all of this?

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Zakat on Wealth Earned from Salam Contract

I`m a business agent for some international companies. Customers come and pay, in advance, the price of commodities to be delivered later from the mother company. One full lunar year elapses over the earned amounts. How should I calculate their Zakah?

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Giving Zakah on Trade Commodities in Kind or in Cash is Permissible

What is the ruling on giving the Zakah of perfumes as perfumes, and how should their value be assessed? And is it permissible to consult an expert to that end?

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A Real Estate under Construction Pays the Zakah due on Tradeable Items

What is the ruling of Sharia on the Zakah due on an under-construction real estate?

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Calculating Zakah due on a Commercial Company

A company possesses goods, accumulated at the end of the year, that are estimated at (100000) JDs. Its debts are(50000)JDs from the value of these goods. Its net revenues for last year reached(10000) JDs. It owns (30000)JDs that have been deposited in banks for a Hawl(one complete lunar year), and(40000)JDs as cheques under assets. How much Zakah is due on the company in light of these numbers, taking into consideration that its capital is(30000)JDs?

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Money Invested in Currency Exchange is Liable for Zakah

Is the person who invests his money in currency exchange obliged to pay Zakah?

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Ruling on the Zakaah of Flats Set for Sale and Rented ones

Is Zakaah due on the flats set for sale and rented ones?

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Land Set for Sale is Liable for Zakat

I have purchased a plot of land as trade commodity. Once its price goes up, I will sell it. Is it liable for Zakat and when?

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Is Zakah(obligatory charity)due on land intended for selling? ? Read More
Is Zakah(obligatory charity)due on an indebted merchant? ? Read More
Is Zakah(obligatory charity) due on articles of merchandise even if they were stacked in the merchant`s stores for years? ? Read More
Is Zakah(obligatory charity) due on the equipments used in the trading process such as: cars , shops etc..? ? Read More
How is the Zakah(obligatory charity) on articles of merchandise calculated? ? Read More
How to pay Zakah(obligatory charity) on articles of merchandise? ? Read More