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The question

What is the correct method for a society to pay Zakat, when each member owns a share worth 12,0 Riyals, and this money is used to buy cars and sell them in installments, knowing that the amounts are currently debts owed by people?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

The total capital of the company, along with its profits, must be calculated, whether the capital is present or in installments expected to be repaid. is then to be paid on the total sum.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
42819
Imported
Translation status
Source text, unreviewed
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