A man and his partner have a car showroom and cars belonging to them that they sell; how do they pay zakah, with an explanation of the status of the profits currently in their possession?
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The questioner : He says:The questioner : A man and his partner have a car showroom. They sell cars for others for a certain percentage. They also have cars belonging to them that they sell. How do they pay zakah, with an explanation of the status of the profits currently in their possession which they have not yet divided?
The Shaykh : I did not understand the meaning of his statement that they have private cars. Does he mean private cars in the sense that they use them?
The questioner : No. For sale.
The Shaykh : Or private cars not included in the partnership? Where is the questioner? What does it mean? For sale, meaning: the partnership is not a partnership of agency, but a partnership in a specific thing. Okay, the shared, specified money is like individual money in its zakah. As for the private money, it is clear; its zakah is that of individual money, yes.
The questioner : Do they appraise the cars present at the end of the year?
The Shaykh : Yes, the cars present at the end of the year are appraised because they are for trade. And the ... they may have taken before, so it is zakaed with their wealth.
The questioner : ... .
The Shaykh : Yes?
The questioner : With the value of the car.
The Shaykh : With the value of the car, because the profit follows the principal and the lunar year is not required for it.
The questioner : And those for others, they have nothing on them?
The Shaykh : Which ones? Those for others, meaning only in the showroom?
The questioner : Yes.
The Shaykh : Nothing is due on them. Nothing is due on them as far as they are concerned. But as far as the owner of the cars is concerned, zakah is due on them.
Yes. That is all. Is the time up, Abd al-Rahman?
The Shaykh : I did not understand the meaning of his statement that they have private cars. Does he mean private cars in the sense that they use them?
The questioner : No. For sale.
The Shaykh : Or private cars not included in the partnership? Where is the questioner? What does it mean? For sale, meaning: the partnership is not a partnership of agency, but a partnership in a specific thing. Okay, the shared, specified money is like individual money in its zakah. As for the private money, it is clear; its zakah is that of individual money, yes.
The questioner : Do they appraise the cars present at the end of the year?
The Shaykh : Yes, the cars present at the end of the year are appraised because they are for trade. And the ... they may have taken before, so it is zakaed with their wealth.
The questioner : ... .
The Shaykh : Yes?
The questioner : With the value of the car.
The Shaykh : With the value of the car, because the profit follows the principal and the lunar year is not required for it.
The questioner : And those for others, they have nothing on them?
The Shaykh : Which ones? Those for others, meaning only in the showroom?
The questioner : Yes.
The Shaykh : Nothing is due on them. Nothing is due on them as far as they are concerned. But as far as the owner of the cars is concerned, zakah is due on them.
Yes. That is all. Is the time up, Abd al-Rahman?