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Yasir Qadhi

How Do I Calculate Zakat on Moving & Non-Purchased Inventory For My Business? Ask Shaykh YQ #184

Yasir Qadhi

Muslim Central

Society & Culture, Islam, Religion & Spirituality

4.81.3K Ratings

🗓️ 18 March 2021

⏱️ 9 minutes

🧾️ Download transcript

Summary

Transcript

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0:00.0

This audio is brought to you by MuslimCentral.com

0:04.4

Brother

0:05.6

Azmir from Malaysia writes that he owns a business of

0:10.9

importing and exporting certain types of equipment and he is wondering about Ramabhan is coming up

0:16.8

He gives Zakat every year. He is wondering about the Zakat on those equipment items

0:24.0

He sells certain types of merchandise that when he purchased it that sometimes

0:30.0

the merchandise

0:31.8

He knows he's gonna buy it, but he hasn't paid for it and it's not arrived and sometimes

0:38.2

For reasons that he didn't explain why the merchandise is sitting in his warehouse

0:43.0

But he has not paid for it, okay?

0:45.9

and

0:47.0

Sometimes he has paid for it and it has not yet arrived. It's on the way and of course

0:52.6

He has merchandise in his warehouse as well

0:55.0

So people come or call it the showroom is probably a better term or where it doesn't matter really

0:59.0

But the point is that he has it and people can purchase the walk-in to the store and they purchase that particular equipment

1:05.0

So he's asking about the Zakat on all of these various types of

1:09.7

Scenarios

1:29.6

The answer to this question is that this issue of Zakat it goes back to the concept of Zakat on

1:41.8

merchandise on business goods

1:44.0

This is an Arabic is called

1:45.7

Rulatijara that which you are advertising to sell and

1:52.7

the vast majority of scholars so much so

...

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