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The question

How is zakat paid on goods displayed for sale (trade goods) held in a shop?

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

Whoever possesses trade goods must appraise them when a year has passed over them. If their value reaches the , then he must pay equal to a quarter of a tenth (2.5%) of their value in cash, based on the Prophet's (PBUH) saying: "There is no Zakat on wealth until a year has passed over it." This is the view held by the majority of scholars, in contrast to the Malikis, who believe that a hoarder does not pay Zakat on his goods until he sells them or sells a part of them.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Source platform
Ftawy
Original fatwa ID
71173
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