Mufti Online — Madrasah Ta'leemuddeen

Zakaat on investments that are in liquid form

· 25 Dhuʻl-Qiʻdah 1434 AH1 min readEnglish

Question

Please advise me on the following concerning paying of zakaat. I have invested capital in a partnership which provides a service. There is no stock which is purchased for selling. Do I pay zakat on the full capital investment as well as profits earned or only on profits earned?

Answer

If there is any capital that is in liquid form then zakaat is payable on it as well as the profits that are generated.

And Allah Ta'ala (الله تعالى) knows best.

References (Arabic / Urdu sources)

( لا زكاة في اللآلىء والجواهر ) وإن ساوت ألفا اتفاقا ( إلا أن يكون للتجارة ) والأصل أن ما عدا الحجرين والسوائم إنما يزكى بنية التجارة (ج2 ص 273)

أو المستفاد ولو بهبة أو إرث وسط الحول يضم إلى نصاب من جنسه فيزكيه بحول الأصل (شامي 2/288)

نصاب الذهب عشرون مثقالا والفضة مئتا درهم ، كل عشرة دراهم وزن سبعة مثاقيل … إلخ (شامي 2/295)

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
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Questions about this ruling, answered only from the archive with sources.

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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/3892
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-3892

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