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The question

How is Zakat on money calculated for a commercial activity (kitchen showroom) that started in February?

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

is obligatory on kitchens displayed for sale; this is called Zakat on trade goods. The method for calculating its Zakat is that the goods are appraised at their market value when a complete lunar year has passed. If their value, either alone or combined with other money, reaches the (minimum threshold), then 2.5% of their value is to be given. So, if the hawl (Zakat year) for the money falls in Sha'ban, and you bought the goods in Rajab, the goods are appraised in Sha'ban and their Zakat is paid.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Ftawy
Original fatwa ID
175049
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