How is the zakah on trade goods calculated?
Machine translationRead the Arabic original
Question:
The zakah on trade goods is due when the lunar year of possession has completed on the value, not on the goods themselves, but on the value for which these goods were purchased, that is, when the lunar year has completed on the capital with which you bought the goods.
Answer:
So you appraise the goods and value them at what they are worth in the market. When the lunar year is complete, you appraise them, strip them all down, and value them at what they are worth; you total their value and pay out one-quarter of a tenth. This is how the zakah on trade goods is paid. And its lunar year is the lunar year of the goods, the lunar year of the capital with which you bought them. Yes.
The zakah on trade goods is due when the lunar year of possession has completed on the value, not on the goods themselves, but on the value for which these goods were purchased, that is, when the lunar year has completed on the capital with which you bought the goods.
Answer:
So you appraise the goods and value them at what they are worth in the market. When the lunar year is complete, you appraise them, strip them all down, and value them at what they are worth; you total their value and pay out one-quarter of a tenth. This is how the zakah on trade goods is paid. And its lunar year is the lunar year of the goods, the lunar year of the capital with which you bought them. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، كيف تخرج زكاة عروض التجارة؟ للشيخ الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.