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3819127/09/2007
Zakat on money that is invested in trade
Question: 2544
I have a certain amount of money. The whole amount is above the nisab.
However, part of it is in the trade business. In calculating the current year's Zakat, do I have to include the amount that's not back yet from the trade; or should I only calculate the Zakat upon what I currently have with me at this point of time.
Praise be to Allah, and peace and blessings be upon the Messenger of Allah and his family.
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 Allah knows best.
Source:
Sheikh Muhammed Salih Al-Munajjid
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