Wednesday, 22 February 2017

Zakaat on invested money

Praise be to Allaah. If one year has passed since you have possessed this wealth, you should pay zakaat on it, whether it is on hand or is invested in trade. If you have earned some profit on it, the zakat for that is due when the zakat on the original amount is due. And Allaah knows best.

Ref: Islamas

Tags: Zakaah on invested amount.

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