Sheikh Haitham explores the matter of Zakah on business commodities.
Key Issues:
• Business commodities as the only category of wealth which is based on its purpose rather than...
Sheikh Haitham explores the matter of Zakah on business commodities.
Key Issues:
• Business commodities as the only category of wealth which is based on its purpose rather than its nature.
• Wealth which may not reach the nisaab from the perspective of its type but may reach the nisaab when treated as a business commodity.
• The proof that business commodities are zakatable.
• The asl (origin) in the property of others is its permissibility.
• The asl (origin) of wealth is that it is zakatable unless proven otherwise.
• Ultimate purpose of trading is to gain gold and silver based currency ie money.
• When the zakah becomes due on business commodities.