Simplified Zakat Guidance: Business, Assets and Inventory | Dr. Mufti Abdur-Rahman ibn Yusuf

[@alib7489]

Jazakallah for the clarification. Good knowledge of cakes too Mashaa Allah! 🙂

[@rafikahmed5449]

MashaAllah. Very clear explanation. JazakaAllahu khairan mufti sahib

[@Ruwen.S]

Excellent. Jazak Allah Khairan for sharing. Masha Allah.

[@shafracareem8856]

zakallah.. so clear. May Allah reward you!

[@kaejolie]

jazak Allah, not zakallah!!!

[@halilrhoxsan6438]

alhamdullilah!!!now I understand

[@indiaslargestdemocracy1632]

Sir you have cleared of my problems Mashallah

[@MisterSolitude]

1:20 subhanallah this cake talk got me hungry

[@dogface814]

What about tax that is owed to the government? They require installment payments throughout the year (every quarter). Do I substract that from the cash/assets as it's a debt/payment owed?

[@gamezsolution2566]

MashaaAllah

[@burhansaleh8084]

What about business’s that rent their inventory. Such as car rentals?

[@taqueeahmad]

Assalaam alaikum Mufti Sahab how do i calculate zakat on my medicine 💊 shop??

[@adilsouirite6293]

Asalam alaikom, if the business has not assests gives only services, how can I calculate my zakat? jazak allah khir

[@ASIFRAZA-fi2vx]

Aoa sir when a person invests in stocks for long term schokars say that he has to give zakat on the zakatable assets of the company but a person invests in a seek of getting profit from all the amount of the he invested then why on 50 precent of the investment is zakatable ?

[@saidurrahman7670]

Want to about work in progress in business zakat

[@HappyFamily-mr7kk]

If I save some money and buy a shop on installments. Since it's my savings invested in shop and I'm Saheb e Nisab alhamdo lillah so I will calculate zakat on the amounts of instalments paid My objective is to rent out this shop for income So when the installments are completed and the shop is rented out THEN I will count the rent amount to zakatable amounts and pay 2.5 on that and the shop will NOT be counted for zakat coz it's an assest which is generating revenue like a business Kindly confirm my understanding and guide me if I'm misunderstood

[@faisala4218]

If someone makes around $40-50k a year but does not save a lot money. Say 1-5k? Is that person obligated to pay zakat on the earned income or the saved amount. Zakat has been the most confusing pillar for me!

[@re_patel]

Pay zakaat on what amount you have, on the due date.

[@harounmotala4344]

You dont give zakat on good or stock in the shop you have not sold..the mufti sahib have got it wrong..the urdu word for maal is referring to money not goods..when you have sold the good or stock after 12 months you give zakat.

[@tropicaally]

i don’t understand 😭😭

[@kaejolie]

i know...it's very complicated. who would have thought?

[@HappyFamily-mr7kk]

Almost every speaker speaks about holding wealth for ONE year... This creates confusion Holding wealth for ONE year is a condition to be a Saheb e Nisab for the first time. If his wealth never goes to ZERO then no need of aging wealth for ONE year. For a continued zakat payer, the zakatable wealth (equal or above 612.15 grams silver) will be calculated on the accumulated wealth on the day of calculation even if it is received a day before