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The question

How is a pharmacy's merchandise zakat calculated: by its retail price or its current wholesale price?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

The on trade goods is calculated by appraising them at the end of the Islamic year (Hawl), and a quarter of one-tenth (2.5%) of their value is to be paid, regardless of their purchase price. If the merchant sells retail, the goods are appraised at the retail selling price. However, if they sell wholesale, they are appraised at the wholesale price.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
109905
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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Read the full answer on Ftawy