How is zakah paid on annual profits?
Machine translationRead the Arabic original
Question:
The questioner says: I invested in a real estate company, and this company does not give us the profits until after about a year and a half. So how do I pay the zakah when the lunar year of possession has passed?
Answer:
When the profits come to you, you pay the zakah on them. You pay one-quarter of a tenth when you receive them, because before receiving them, you do not know whether there are profits or not, or whether they are small or large, and you cannot access them except by receiving them.
The questioner says: I invested in a real estate company, and this company does not give us the profits until after about a year and a half. So how do I pay the zakah when the lunar year of possession has passed?
Answer:
When the profits come to you, you pay the zakah on them. You pay one-quarter of a tenth when you receive them, because before receiving them, you do not know whether there are profits or not, or whether they are small or large, and you cannot access them except by receiving them.
Source
قناة «العلامة الدكتور صالح الفوزان»، كيف يزكي عن الأرباح السنوية؟ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.
