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The question

How is Zakat calculated on goods and assets that grow daily, and how is their hawl (Zakat year) determined?

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

The trade goods are subject to upon the completion of a full year (hawl) from the ownership of the (minimum threshold) at which these goods were purchased. The goods must be appraised and combined with cash and expected debts. Then, the debts owed by the zakat payer should be subtracted. Zakat is then paid on the remaining amount. The nisab for banknotes is equivalent to 85 grams of gold, and the amount of zakat that must be paid is a quarter of a tenth (2.5%).

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
63305
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