Camels prepared for racing: how does their owner pay their zakah?
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Q2: How does the owner of camels prepared for racing pay their zakah? Are they taxed according to the rules for grazing camels, or as trade goods, or otherwise?
A2: There is no zakah on camels prepared for a prescribed race, because they are kept for use and are also fed rather than grazing. However, if he receives money from race prizes for these camels, and it reaches the nisab (minimum threshold for zakah) and a lunar year of possession has passed since he acquired it, then zakah becomes obligatory on it.
A2: There is no zakah on camels prepared for a prescribed race, because they are kept for use and are also fed rather than grazing. However, if he receives money from race prizes for these camels, and it reaches the nisab (minimum threshold for zakah) and a lunar year of possession has passed since he acquired it, then zakah becomes obligatory on it.
Source
www.alifta.gov.sa
The Arabic text is copied verbatim from the original source, without any edits.