• Faiths & Beliefs >> Islamic Beliefs

    Question ID: 184749Country: Pakistan

    Title: Zakah on purchase price or sale price

    Question: I have electronic items in my shop if I want to pay zakat of that items shall I pay zakat of purchase rate or sale rate? I have no fix rates; it depends on item and costumer condition.

    Answer ID: 184749

    Bismillah hir-Rahman nir-Rahim !

    (Fatwa: 840/637/M=7/1443)

     

    You will pay zakah according to selling price.

    Allah (Subhana Wa Ta'ala) knows Best

    Darul Ifta,

    Darul Uloom Deoband, India