Does the Hawl (Zakat year) for money taken for partnership cease and a new one begin for it, or does it continue on its old Hawl? And is the profit gained from the company subject to Zakat according to the company's Hawl, or according to the Hawl of the original capital?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
If you entered with the intention of trade, then the hawl (one lunar year) is for the amount you invested. You are to pay on your share of the company when the hawl for the principal amount is due, and the profit follows it.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/62683
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- Ftawy
- Original fatwa ID
- 62683
- Imported
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