Quran Wisdom · Start where you are · Short reads

Should I pay zakat on my business inventory and assets?

Existing Quran Wisdom answer. No named author or scholarly review is recorded here. Check references and seek qualified advice for a personal ruling.

Yes, zakat is due on business inventory intended for sale, cash reserves, and trade goods after they reach nisab and are held for a lunar year. Calculate 2.5% of the wholesale value of inventory plus business cash. Fixed assets like equipment aren't zakatable unless bought for resale.

Read the sources

All questions · Explore topics