The zakah on the price of goods purchased on deferred installments
Machine translationRead the Arabic original
Question:
The questioner says: Honorable Shaykh, I purchased goods on deferred installments, then I sold the goods and received the amount for which a lunar year has passed. Is zakah due on this price? Knowing that the value of the deferred installments is greater than the price of the goods?
Answer:
Yes, if a lunar year has passed on the value of the goods you purchased, it is not the year on the goods themselves, but on their value. If a lunar year has passed on the value for which you purchased them, then you appraise them at their current worth and pay zakah on them.
The questioner says: Honorable Shaykh, I purchased goods on deferred installments, then I sold the goods and received the amount for which a lunar year has passed. Is zakah due on this price? Knowing that the value of the deferred installments is greater than the price of the goods?
Answer:
Yes, if a lunar year has passed on the value of the goods you purchased, it is not the year on the goods themselves, but on their value. If a lunar year has passed on the value for which you purchased them, then you appraise them at their current worth and pay zakah on them.
Source
مجالس رمضان 1430هـ - 05 — alfawzan.live (31:42)
The Arabic text is a machine transcription of the audio recording.