• Prayers & Duties >> Zakat & Charity

    Question ID: 161593Country: Saudi Arabia

    Title: Zakah on invested money and profit earn on it

    Question: I have invested a amount of 4,00000 RS INR in Feb-2018 in an Shariah compliant investment company who will do business in Food products I will get profit after 2 years and 3 months in May 2020. Do I need to pay zakah this year in 2018 or in 2020 after receiving the profit amount please advice.

    Answer ID: 161593

    Bismillah hir-Rahman nir-Rahim !

    (Fatwa: 1104/996/H=9/1439)


    Zakah will be wajib each year on the capital and on the profits which you earn on it. Lunar year is taken into consideration in paying zakah and obligation of Zakah. Thus you should calculate your zakah as per Islamic calendar (Muharram, Safar etc.) instead of the year 2018-2020.

    Allah (Subhana Wa Ta'ala) knows Best

    Darul Ifta,

    Darul Uloom Deoband, India