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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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He bought a camel for ten thousand riyals and wants to sell it. Is there zakah on it?

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Question:
Honorable Shaykh, may Allah grant you success. He says: I bought a camel for ten thousand riyals, and I will sell it if its price rises now or after a period. His question is: Is there zakah on it? And how is its zakah calculated?

Answer:
If you intended it for sale and its value reaches the nisab or more, zakah is obligatory on it, because it has become trade goods. It has become part of the trade goods. Yes. And trade goods are those prepared for sale; these are trade goods. Yes.
Source قناة «العلامة الدكتور صالح الفوزان»، [431 -582] اشترى جملا بعشرة آلاف ريالا، ويريد بيعه، هل فيه زكاة؟ - الشيخ صالح الفوزان — youtube.com

The Arabic text is a machine transcription of the audio recording.

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