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The question

What is the ruling on Zakat for a sea cargo shipping services company and its profits, and is Zakat obligatory for the past five years?

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

There is no on a shipping services company. However, if your profit from it reaches the (minimum threshold) on its own, or when combined with other wealth, and a hawl (full lunar year) passes over it, then Zakat is due on it. You must pay it for every year in which a hawl passed over your wealth while you possessed the nisab. Your ignorance of the ruling does not exempt you from it.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
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Ftawy
Original fatwa ID
34993
Imported
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Source text, unreviewed
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