Is zakaat compulsory on the capital amount in a mudhaarabah transaction?
Published as Zakaat on the capital amount in a mudhaarabah transaction
Question
Is zakaat compulsory on the capital amount in a mudhaarabah transaction?
Answer
Yes, provided the capital amount is in cash or it has been used in zakaatable assets.
And Allah Ta'ala (الله تعالى) knows best.
- Answered by
- Mufti Ebrahim Salejee (Isipingo Beach)
Questions about this ruling, answered only from the archive with sources.
Where scholars differ, it’s safer to take the more cautious view.
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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/13816
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-13816
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