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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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Is zakah obligatory on free-grazing gazelles or horses?

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Question : Now, if a person has free-grazing gazelles, and he has a great many of them, and he has many horses that are sufficient for him, but they are free-grazing and he never gets anything from them, they are free-grazing, grazing in the open light and along the riverbanks and the like, is there zakah on them or not?

Answer : There is no zakah on them, because zakah is only levied on camels, cattle, and sheep. Yes, if he intends these horses for trade, they become trade goods, and you find in them the profit, as they are trade goods.
Source قناة «فضيلة الشيخ محمد بن صالح العثيمين»، 389- هل تجب الزكاة في سائمة الظباء أو الخيول؟ II فوائد من الدروس الفقهية من المحاضرات الجامعية — youtube.com

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

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