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The question

Is zakat obligatory on the capital, the profit, or both, in the gold trade?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

must be paid on gold traded, and on other currencies, which includes both the principal and the profit. The profit follows the principal in terms of the and the obligation of Zakat. Zakat is calculated by appraising the existing gold at the end of the at its selling price, then one-quarter of one-tenth (2.5%) of the total value is to be given.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
36097
Imported
Translation status
Source text, unreviewed
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