Is Zakat obligatory on a sum of 15,000 Jordanian Dinars designated for trade, and deposited in the bank for seven months, and what is the amount of Zakat due on it?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
is obligatory on money invested in trade goods if it reaches the threshold () and a full year (hawl) has passed. The goods are to be valued at their market price when zakat becomes due, and a quarter of a tenth (2.5%) of the principal and its profit is to be given. Zakat does not lapse with the passage of years.
Summarized from the full answer at Ftawy · imported
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- 143614
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