Should the calculation of the Hawl (Zakat year) continue from October 2022, or should it be recalculated from March 2023, for a company whose capital reached the equivalent of 100 grams of gold in October 2022, then decreased in value to 70 grams of gold in March 2023, and then increased to exceed 85 grams of gold after additional investments were injected?
The hawl ( year) is interrupted if the wealth falls below the (minimum threshold). If it then returns to the nisab, the owner starts a new hawl. If the nisab is calculated based on gold, the hawl would restart according to the lunar months corresponding to the beginning of March 2023. However, the more authoritative and commonly given ruling is that the nisab for trade goods is valued according to what is most beneficial for the poor, whether gold or silver. In this case, it is silver, and thus the nisab has not fallen below the value of silver. Accordingly, the hawl would be calculated from the beginning of the Arabic months corresponding to October 2022. We should note that the zakat for companies varies depending on the type of activity, and each partner pays zakat on their share if it reaches the nisab by itself or when combined with their other money or trade goods.
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