Is Zakat obligatory on the profits of a cooperative commercial society if its bylaws stipulate that 10% of its net profits be deducted for charitable causes?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
The cooperative society is not exempt from the obligatory , despite deducting 10% of its profits for charitable purposes. This percentage is considered a voluntary charity and does not substitute for the obligatory Zakat. Zakat is an act of worship that requires intention, and this amount is not paid with the intention of Zakat.
Summarized from the full answer at Ftawy · imported
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- 14428
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