Zakah on camels purchased with the intention of trade
Machine translationRead the Arabic original
Question:
This is Abdullah. He says: I bought a group of camels more than a year ago. Is there zakah on them? My intention in buying them was to trade in them.
Answer:
Yes, the zakah is on their value. These are considered trade goods. If a lunar year passes while they are in your possession, you must appraise them at their market value and pay zakah by giving one-tenth of a quarter. If you sell them, or sell some of them, and the value remains with you, and a lunar year passes while it reaches the nisab, you must also pay zakah on that money by giving one-tenth of a quarter. Yes.
This is Abdullah. He says: I bought a group of camels more than a year ago. Is there zakah on them? My intention in buying them was to trade in them.
Answer:
Yes, the zakah is on their value. These are considered trade goods. If a lunar year passes while they are in your possession, you must appraise them at their market value and pay zakah by giving one-tenth of a quarter. If you sell them, or sell some of them, and the value remains with you, and a lunar year passes while it reaches the nisab, you must also pay zakah on that money by giving one-tenth of a quarter. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، برنامج (فتاوى) (067) لمعالي الشيخ صالح الفوزان بتاريخ [1435-11-01] - كبار العلماء — youtube.com (26:33)
The Arabic text is a machine transcription of the audio recording.