Back to search
The question

Is zakat due on the proceeds from the sale of a car if a year has passed over the original money and it has reached the نصاب (minimum threshold)?

Share this answer

Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

The price of a car, with which you are entering a new hawl (lunar year), is not subject to along with money that has become due for zakat. If its zakat is paid alongside it, then this falls under the category of permissible accelerated zakat for two hawls or less. However, if the car is a trade commodity, its price is subject to zakat upon the completion of the hawl for the original capital with which it was purchased.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
185921
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
Read the full ruling
Read the full answer on Ftawy