How to Calculate the Zakah on Monthly Installments for a Company Selling on Installment
Machine translationRead the Arabic original
Question:
What is the method for paying the zakah on the monthly installments of a company that sells on credit? Is the zakah due on the installments only, or on the entire capital?
Answer:
Every person pays zakah on the money he has, whether it is present or absent, once a lunar year has passed over it. Everything is due at its own time; whenever a lunar year passes over a sum of money, its zakah is due. If he wishes to pay it all together with the zakah of the first sum, there is nothing wrong with that. Otherwise, each sum of money has its own zakah when its own lunar year has passed. If he combines them all and pays the zakah on the basis of the first sum, treating the rest as following it, there is nothing wrong with that, because paying zakah early is permissible.
What is the method for paying the zakah on the monthly installments of a company that sells on credit? Is the zakah due on the installments only, or on the entire capital?
Answer:
Every person pays zakah on the money he has, whether it is present or absent, once a lunar year has passed over it. Everything is due at its own time; whenever a lunar year passes over a sum of money, its zakah is due. If he wishes to pay it all together with the zakah of the first sum, there is nothing wrong with that. Otherwise, each sum of money has its own zakah when its own lunar year has passed. If he combines them all and pays the zakah on the basis of the first sum, treating the rest as following it, there is nothing wrong with that, because paying zakah early is permissible.
Source
محاضرات عبر الهاتف [ 01 ] أحكام الحج — islamhouse.com (22:09)
The Arabic text is a machine transcription of the audio recording.