How is the zakah on trade goods calculated?
Machine translationRead the Arabic original
Question:
May Allah reward you. This questioner says: I sell cars on installment. How do I pay the zakah on such cars? May Allah reward you.
Answer:
The zakah is due on the value of the cars, not on the cars themselves, but on the value for which you bought them. When the lunar year of possession has passed on their value, you appraise them and assess what they are worth at the end of the lunar year, and you pay the zakah on the value that the cars are worth at the end of the lunar year. Yes.
May Allah reward you. This questioner says: I sell cars on installment. How do I pay the zakah on such cars? May Allah reward you.
Answer:
The zakah is due on the value of the cars, not on the cars themselves, but on the value for which you bought them. When the lunar year of possession has passed on their value, you appraise them and assess what they are worth at the end of the lunar year, and you pay the zakah on the value that the cars are worth at the end of the lunar year. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، 6806- كيف تخرج زكاة عروض التجارة؟ - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.