Do I pay Zakah on the purchase price, market value, or future selling price of merchandise and investments such as stocks? - Ask The Scholars

Do I pay Zakah on the purchase price, market value, or future selling price of merchandise and investments such as stocks?

Post author:Shaykh Mustafa Umar
Post published:May 21, 2020
Post category:Zakah [Charity]

Short Answer

You must pay Zakah on the current market value of merchandise or investments every year because that is your current Zakatable net worth at the time.

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Shaykh Mustafa Umar

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