Zakah is obligatory on commercial stores

Q: I have a grocery store with a capital of 2500 Egyptian Pounds. I have a partner in this store. Later, I took 600 Egyptian pounds from my share, so my share of the capital is only 650 Egyptian Pounds. Is Zakah (obligatory charity) due on this share? My profit from this partnership is 100 Egyptian Pounds; is Zakah due on this profit? I must say that this profit only covers the needs of my family. A: Zakah is obligatory on commercial stores. It should be paid on the commercial commodities displayed for sale every year. By the end of the Hawl (one lunar year calculated from the time a property reaches the minimum amount upon which Zakah is due), the commodities should be estimated and their value should be added to the cash available in the store and the debts due on customers. 2.5% should be paid as the due Zakah from the whole sum. The fact that the storeowner owes debts does not prevent the obligation of Zakah. (Part No. 8; Page No. 71


A: Zakah is obligatory on commercial stores. It should be paid on the commercial commodities displayed for sale every year. By the end of the Hawl (one lunar year calculated from the time a property reaches the minimum amount upon which Zakah is due), the commodities should be estimated and their value should be added to the cash available in the store and the debts due on customers. 2.5% should be paid as the due Zakah from the whole sum. The fact that the storeowner owes debts does not prevent the obligation of Zakah. (Part No. 8; Page No. 71) As for the money he spent on his household out of the profits of the store before the completion of the Hawl, there is no Zakah due on it. Likewise, the debts he repays before the Hawl.May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.


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