Assessing Trade Goods When Calculating Zakah
Machine translationRead the Arabic original
Question:
I say: Honorable Shaykh, may Allah grant you success, if I have trade goods, how are they assessed when calculating zakah? Are they calculated at cost price or at selling price?
Answer:
I heard the answer to the statement. I heard that they are valued at what they are worth at the completion of the lunar year, and one does not look at the price at which he bought them. One only looks at what they are worth now at the completion of the lunar year.
I say: Honorable Shaykh, may Allah grant you success, if I have trade goods, how are they assessed when calculating zakah? Are they calculated at cost price or at selling price?
Answer:
I heard the answer to the statement. I heard that they are valued at what they are worth at the completion of the lunar year, and one does not look at the price at which he bought them. One only looks at what they are worth now at the completion of the lunar year.
Source
قناة «العلامة الدكتور صالح الفوزان»، 141/50 شرح زاد المستقنع/ صالح الفوزان — youtube.com (6:54)
The Arabic text is a machine transcription of the audio recording.