Mufti Online — Madrasah Ta'leemuddeen

Calculating zakaat on items in a home-based online shop

· 14 Safar 1447 AH1 min readEnglish

Question

I own a home-based online shop. I would like to know the following:

1. Do I calculate zakāt on the selling price or cost price of unsold inventory?

2. Are customer receivables (orders shipped but not yet paid) zakatable on my yearly zakāt date?

3. If goods arrive only two days before the zakāt anniversary, must they be included?

Answer

1. It will be calculated according to the market related price.

2. Yes.

3. Yes.

And Allah Ta'ala (الله تعالى) knows best.

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/36065
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-36065

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