Calculation of Zakah : Zakah on profit or principal or both
Fatawa Question
Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh, Assume there is a merchant who buys cars worth of 100,000 USD. Having sold all the cars, he counts his money and notices that he has now 150,000 USD. On what amount should he pay the Zakah ? Should he pay the Zakah on 100,000 USD, 150,000 USD or 50,000 USD ? W'Salam. Jazakum Allahu Khairan for your constant help
Fatwa
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Publication Date
2006-11-23
Main Subjects
Economics & Business Administration
Islamic Studies
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-792286
American Psychological Association (APA)
Qahf, Mundhir. 2006-11-23. Calculation of Zakah : Zakah on profit or principal or both. .
https://search.emarefa.net/detail/BIM-792286
Modern Language Association (MLA)
Qahf, Mundhir. Calculation of Zakah : Zakah on profit or principal or both. 2006-11-23.
https://search.emarefa.net/detail/BIM-792286
American Medical Association (AMA)
Qahf, Mundhir. 2006-11-23. Calculation of Zakah : Zakah on profit or principal or both.
https://search.emarefa.net/detail/BIM-792286
