We are three brothers who have partnered in a sum of money for the purpose of trading in it, with each of us contributing ten thousand riyals, and this amount has now reached the end of a lunar year.
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The questioner : May Allah reward you. He says:The questioner : We are three brothers who have partnered in a sum of money for the purpose of trading in it, with each of us contributing ten thousand riyals, and this amount has now reached the end of a lunar year. So, upon whom is its zakah obligatory? In other words, is each one obligated to pay the zakah from his share that he contributed? And if one of the brothers pays the zakah on the entire amount on their behalf as a voluntary act, is that sufficient or not?
The Shaykh : Yes. The zakah on shared money is the responsibility of the partners if it reaches the nisab. In this case, it is permissible for each person to pay his zakah either from the shared money or from other money. It is also permissible for them to appoint one of them to pay the zakah on their behalf. Yes.
The Shaykh : Yes. The zakah on shared money is the responsibility of the partners if it reaches the nisab. In this case, it is permissible for each person to pay his zakah either from the shared money or from other money. It is also permissible for them to appoint one of them to pay the zakah on their behalf. Yes.