I am a man who has a grocery store where I buy and sell. It is now five years since I first started this occupation, which I still practice until now.Q: Is there any due Zakah (obligatory charity) on me in this regard? If the Zakah is due on it, how should I calculate it?
It should be noted that I do not spend of the capital or the profit during the whole year until the Hawl (one lunar year calculated from the time a property reaches the minimum amount upon which Zakah is due) is complete. I collect both the capital and the profits made to buy thereby (Part No. 8; Page No. 73
You should pay the Zakah due on the commercial commodities put up for sale in the grocery store during the whole year. The way of calculating Zakah is to make a list of all items put up for sale during the year upon the completion of the Hawl. After listing the commodities and determining the value thereof, you should pay 2.5% of their value and of the debts due on people and your bank balance.May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.