Back to search
The question

How is zakat calculated on a commercial store that has inventory, debts owed to it, and debts owed by it, and when is its lawful time of payment?

Share this answer

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

If a year (hawl) has passed on the merchandise, appraise it at its current market value. Add the expected receivables, deducting them from the outstanding debts owed to others. If the remaining amount reaches the threshold () of gold (85 grams), then becomes obligatory; otherwise, it does not. The zakat year is the lunar year.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
52043
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.
Read the full ruling
Read the full answer on Ftawy