Warehouses and exhibition halls containing equipment and tools valued at large sums of money: is zakah due on them?
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The first question of Fatwa No. ( 20321 )
Q1: Is there zakah due on warehouses and exhibition halls containing equipment and tools valued at large sums of money?
A1: If these pieces of equipment and tools are intended for trade, then they are subject to the zakah of trade goods. However, if they are intended for use or acquisition, then there is no zakah due on the items themselves. And success is from Allah, and may Allah send prayers and blessings upon our Prophet Muhammad, his family, and his Companions.
Q1: Is there zakah due on warehouses and exhibition halls containing equipment and tools valued at large sums of money?
A1: If these pieces of equipment and tools are intended for trade, then they are subject to the zakah of trade goods. However, if they are intended for use or acquisition, then there is no zakah due on the items themselves. And success is from Allah, and may Allah send prayers and blessings upon our Prophet Muhammad, his family, and his Companions.
Source
www.alifta.gov.sa
The Arabic text is copied verbatim from the original source, without any edits.