Ruling on paying zakah from profits for which the lunar year has not yet elapsed
Machine translationRead the Arabic original
Question:
I work in trade. Another listener, Nasser Mahmoud Hamid Andjani, says: I work in trade. Do I pay zakah on my capital, or do I pay zakah on the capital and the profits together, given that the lunar year has not yet passed for these profits?
Answer:
It is obligatory for the merchant to pay zakah on the funds he has, which are intended for trade, and on their profits. He pays zakah on them and on their profits, even if the lunar year has not yet elapsed for the profits. This is because the profit follows the principal. So, if the principal is, for example, ten thousand, and he profits a thousand at the end of the lunar year before the year is complete, making it eleven thousand, he pays zakah on the whole, the principal and the profit. Just as the offspring of camels, cows, and sheep follow their mothers.
So, if he has, for example, nine camels, and one is born from them, making it ten before the completion of the lunar year, he owes two sheep. This is because the nisab (minimum threshold) was completed before the end of the lunar year by this new offspring. So he owes two sheep, because for every five, one sheep is due.
The point is: the profit follows the principal. If there is zakah in the principal, the profit follows it. Likewise, camels, cows, and sheep: if there is zakah in the principal, the offspring follow it, and a new lunar year is not required.
As for items that are not for trade, but are tools used in trade, such as the scale and things that are not sold but are present only because they are needed, such as the shop itself, the stall, the tools he spreads out, or sits on, or the scale, or similar things that are not for profit or trade, there is no zakah in these. Zakah is only in the goods prepared for sale. Yes.
The presenter : May Allah reward you with good.
I work in trade. Another listener, Nasser Mahmoud Hamid Andjani, says: I work in trade. Do I pay zakah on my capital, or do I pay zakah on the capital and the profits together, given that the lunar year has not yet passed for these profits?
Answer:
It is obligatory for the merchant to pay zakah on the funds he has, which are intended for trade, and on their profits. He pays zakah on them and on their profits, even if the lunar year has not yet elapsed for the profits. This is because the profit follows the principal. So, if the principal is, for example, ten thousand, and he profits a thousand at the end of the lunar year before the year is complete, making it eleven thousand, he pays zakah on the whole, the principal and the profit. Just as the offspring of camels, cows, and sheep follow their mothers.
So, if he has, for example, nine camels, and one is born from them, making it ten before the completion of the lunar year, he owes two sheep. This is because the nisab (minimum threshold) was completed before the end of the lunar year by this new offspring. So he owes two sheep, because for every five, one sheep is due.
The point is: the profit follows the principal. If there is zakah in the principal, the profit follows it. Likewise, camels, cows, and sheep: if there is zakah in the principal, the offspring follow it, and a new lunar year is not required.
As for items that are not for trade, but are tools used in trade, such as the scale and things that are not sold but are present only because they are needed, such as the shop itself, the stall, the tools he spreads out, or sits on, or the scale, or similar things that are not for profit or trade, there is no zakah in these. Zakah is only in the goods prepared for sale. Yes.
The presenter : May Allah reward you with good.
Source
binbaz.org.sa
The Arabic text is copied verbatim from the original source, without any edits.