{"id":37895,"date":"2025-10-10T12:00:50","date_gmt":"2025-10-10T12:00:50","guid":{"rendered":"https:\/\/daruliftabirmingham.co.uk\/home\/?p=37895"},"modified":"2025-10-13T11:36:53","modified_gmt":"2025-10-13T11:36:53","slug":"zakaah-on-stocks-and-property","status":"publish","type":"post","link":"http:\/\/daruliftabirmingham.co.uk\/home\/zakaah-on-stocks-and-property\/","title":{"rendered":"Zakat on Stocks and Property"},"content":{"rendered":"<p style=\"text-align: right;\"><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\"><strong>Fatwa ID: 08397<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\"><strong>Answered by: Mufti Sibghat Ullah<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\"><strong>Question:<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">If someone purchased a property with the intention to immediately hold or rent out but then eventually sell it when the price is right, would that property be considered zakatable?<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">Similarly, with stocks, if someone purchased with the intention to immediately hold but then eventually sell when the price is right, are those stocks zakatable in their entirety?<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\"><strong>In the name of Allah, the Most Gracious, the Most Merciful<\/strong><\/span><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\"><strong>\u00a0<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\"><strong>Answer:<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">If an asset or stock that is purchased with the express intention to resell, it will be a zakatable asset according to market value regardless of when it is sold. So, if one lunar year passes, you must pay zakat on it. <a href=\"#_edn1\" name=\"_ednref1\">[i]<\/a><\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><strong>References:\u00a0<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\"><a href=\"#_ednref1\" name=\"_edn1\">[i]<\/a> Radd ul Mukhtar, Vol. 3, Book of Zakat, Page 103, Darul Fikr<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">\u0627\u0644\u0632\u0643\u0627\u0629 \u062a\u062c\u0628 \u0639\u0644\u0649 \u0645\u0627\u0644 \u0627\u0644\u062a\u062c\u0627\u0631\u0629\u060c \u0648\u0625\u0646 \u0644\u0645 \u064a\u064f\u0628\u0639\u060c \u0648\u064a\u064f\u0642\u062f\u0631 \u0628\u062b\u0644\u062b\u064a\u0646 \u0627\u0644\u0642\u064a\u0645\u0629 \u0639\u0646\u062f \u0648\u062c\u0648\u0628 \u0627\u0644\u0632\u0643\u0627\u0629\u060c \u0639\u0644\u0649 \u0623\u0646 \u064a\u0643\u0648\u0646 \u0627\u0644\u0645\u0627\u0644 \u062a\u0627\u0645\u064b\u0627 \u0641\u064a \u0645\u0644\u0643\u0647 \u0644\u0645\u062f\u0629 \u0633\u0646\u0629 \u0647\u062c\u0631\u064a\u0629<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\"><strong>\u00a0<\/strong><\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">Zakat is obligatory on business wealth, even if the goods have not yet been sold, and it is calculated based on the market value on the day Zakat is due, provided that the wealth has been in the owner&#8217;s possession for a full lunar year.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">Only Allah knows best.<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">Written by Mufti Sibghat Ullah<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">Checked and approved by Mufti Mohammed Tosir Miah<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">Darul Ifta Birmingham<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fatwa ID: 08397 &nbsp; &nbsp; Answered by: Mufti Sibghat Ullah &nbsp; &nbsp; Question: &nbsp; If someone purchased a property with the intention to immediately hold&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[19],"tags":[],"_links":{"self":[{"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/37895"}],"collection":[{"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/comments?post=37895"}],"version-history":[{"count":8,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/37895\/revisions"}],"predecessor-version":[{"id":39023,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/37895\/revisions\/39023"}],"wp:attachment":[{"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/media?parent=37895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/categories?post=37895"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/tags?post=37895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}