The ruling on the zakah of goods purchased on installment and prepared for sale
Machine translationRead the Arabic original
Question:
The first message in this episode is one that reached the program from al-Qassim. The sender of the message is the brother: Saleh Ibrahim al-Sarih. He asks several questions, one of which says: A man has goods, which are trade commodities, in his shop. He says: Half of it belongs to him, and the other half belongs to the companies he deals with on credit, such that he pays them in installments. Does he pay zakah on all the trade commodities in the shop, or does he pay zakah only on what he owns? May Allah reward you with good.
Answer:
In the name of Allah, the Most Gracious, the Most Merciful. Praise be to Allah, and may Allah send prayers and blessings upon the Messenger of Allah, and upon his family and his Companions, and upon whoever follows his guidance. As for what follows:
He must pay zakah on the commodities he owns that he intends to sell. If he intends to sell them, then all the wealth in the shop that he owns and intends to sell is subject to zakah whenever a lunar year has passed over it, provided it reaches the nisab and a lunar year has passed over it; he pays zakah on it, whether the commodities are cars, clothes, utensils, food, or otherwise.
As for the second type, belonging to the companies, this requires detail: If he is an agent in their sale, then the zakah is upon them. If it is his property and he intends to trade with it—he sells and pays off the debt—this is like the first type; he pays zakah on it if it is in his ownership, but he sells and pays off the debt, so he pays zakah on it whenever a lunar year has passed over it, whenever a lunar year has passed over it; he pays zakah on it according to its value. Yes.
The presenter : May Allah reward you with good, and may He do you good.
The first message in this episode is one that reached the program from al-Qassim. The sender of the message is the brother: Saleh Ibrahim al-Sarih. He asks several questions, one of which says: A man has goods, which are trade commodities, in his shop. He says: Half of it belongs to him, and the other half belongs to the companies he deals with on credit, such that he pays them in installments. Does he pay zakah on all the trade commodities in the shop, or does he pay zakah only on what he owns? May Allah reward you with good.
Answer:
In the name of Allah, the Most Gracious, the Most Merciful. Praise be to Allah, and may Allah send prayers and blessings upon the Messenger of Allah, and upon his family and his Companions, and upon whoever follows his guidance. As for what follows:
He must pay zakah on the commodities he owns that he intends to sell. If he intends to sell them, then all the wealth in the shop that he owns and intends to sell is subject to zakah whenever a lunar year has passed over it, provided it reaches the nisab and a lunar year has passed over it; he pays zakah on it, whether the commodities are cars, clothes, utensils, food, or otherwise.
As for the second type, belonging to the companies, this requires detail: If he is an agent in their sale, then the zakah is upon them. If it is his property and he intends to trade with it—he sells and pays off the debt—this is like the first type; he pays zakah on it if it is in his ownership, but he sells and pays off the debt, so he pays zakah on it whenever a lunar year has passed over it, whenever a lunar year has passed over it; he pays zakah on it according to its value. Yes.
The presenter : May Allah reward you with good, and may He do you good.
Source
binbaz.org.sa
The Arabic text is copied verbatim from the original source, without any edits.