Is zakat due on all funds present at the time the Hawl (lunar year) is completed, or only on what has completed the Hawl? Is it due on fixed assets and equipment? Is zakat to be paid after closing the balance sheet and only on profits? What is the ruling on delaying its payment?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Funds received and expended before the completion of a full year are not subject to . Zakat becomes obligatory on funds that have completed a full year and meet the minimum threshold (). There is no Zakat on assets, equipment, machinery, and vehicles designated for use and not for sale. The criterion for the obligation of Zakat on money is the completion of a full year while it meets the nisab. Zakat becomes obligatory on earnings from services if a full year has passed over them and they meet the nisab.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/90764
Where this answer came from
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- Ftawy
- Original fatwa ID
- 90764
- 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