When is the time for zakah for one who used his money in trade?
Machine translationRead the Arabic original
Question:
He says: I have a house that I sold for a sum of money. Yes, and after six months passed, I partnered with another person and opened a commercial shop. So when is the zakah of the money due? Is it from the sale of the house or from the trade contract?
Answer:
The ruling applies to the capital. The ruling applies to the capital. What is it for the goods? The capital: the zakah year begins from your ownership of the money you invested in the shop. So if a year has passed since you owned the money, if the money remains, you pay its zakah from it. And if the money was used to buy goods, you appraise the goods at their value and pay their zakah. Yes.
He says: I have a house that I sold for a sum of money. Yes, and after six months passed, I partnered with another person and opened a commercial shop. So when is the zakah of the money due? Is it from the sale of the house or from the trade contract?
Answer:
The ruling applies to the capital. The ruling applies to the capital. What is it for the goods? The capital: the zakah year begins from your ownership of the money you invested in the shop. So if a year has passed since you owned the money, if the money remains, you pay its zakah from it. And if the money was used to buy goods, you appraise the goods at their value and pay their zakah. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، متى موعد الزكاة لمن استخدم ماله في التجارة؟ للشيخ الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.