{"id":19283,"date":"2021-01-22T11:31:29","date_gmt":"2021-01-22T11:31:29","guid":{"rendered":"http:\/\/daruliftabirmingham.co.uk\/?p=19283"},"modified":"2021-01-22T11:32:24","modified_gmt":"2021-01-22T11:32:24","slug":"zakat-on-savings-which-the-investor-does-not-have-for-the-full-lunar-year","status":"publish","type":"post","link":"https:\/\/daruliftabirmingham.co.uk\/home\/zakat-on-savings-which-the-investor-does-not-have-for-the-full-lunar-year\/","title":{"rendered":"Zakat on Savings Which the Investor Does Not Have for the Full Lunar Year"},"content":{"rendered":"

Fatwa ID: 04765<\/strong><\/span><\/p>\n

Answered by: Maulana Nabil Khan<\/strong><\/span><\/p>\n

Question<\/strong><\/span><\/p>\n

 <\/p>\n

I’m an investor and it’s part of our trade where we often invest almost the whole amount that we occupy into buying goods.<\/span><\/span><\/p>\n

I invest fully into a business\/buy goods to sell. I am left with no money, only personal belongings, vehicles, households etc.<\/span><\/p>\n

As soon as those goods get sold, ALLAH S.W.T gives me back the invested amount along with the profit and the cycle continues.<\/span><\/p>\n

So the Nisab doesn’t fulfill the requirement of a Full Lunar year possession.<\/span><\/p>\n

The total invested amount is a handful and I’m somewhat confused if Zakat is wajib on me or not?<\/span><\/p>\n

 <\/p>\n

 <\/p>\n

In the name of Allah the most Beneficent, the Most Merciful<\/strong><\/span><\/p>\n

 <\/p>\n

Answer<\/strong><\/span><\/p>\n

 <\/p>\n

For Zakat to become obligatory upon an individual the amount of nisab must be maintained for one entire year. In the case where the money is being used to invest and the amount of nisab is not being met for an entire year, it will not be obligatory to give Zakat. Therefore you have not met the conditions of zakat and it is not obligatory upon you in such a case.<\/span><\/p>\n

 <\/p>\n

Only Allah Knows Best<\/span><\/p>\n

Written by Maulana Nabil Khan<\/span><\/p>\n

Checked and approved by Mufti Mohammed Tosir Miah<\/span><\/p>\n

Darul Ifta Birmingham<\/span><\/p>\n

 <\/p>\n

 <\/p>\n

Reference:\u00a0<\/span><\/p>\n

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\u0645\u0635\u062f\u0631: \u0631\u062f \u0627\u0644\u0645\u062d\u062a\u0627\u0631 , \u0643\u062a\u0627\u0628: \u0632\u0643\u0627\u0629<\/span><\/p>\n

 <\/p>\n

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\u0648\u064e\u0645\u0650\u0646\u0652\u0647\u064e\u0627 \u0627\u0644\u0652\u0645\u0650\u0644\u0652\u0643\u064f \u0627\u0644\u062a\u0651\u064e\u0627\u0645\u0651\u064f \u0648\u064e\u0647\u064f\u0648\u064e \u0645\u064e\u0627 \u0627\u062c\u0652\u062a\u064e\u0645\u064e\u0639\u064e \u0641\u0650\u064a\u0647\u0650 \u0627\u0644\u0652\u0645\u0650\u0644\u0652\u0643\u064f \u0648\u064e\u0627\u0644\u0652\u064a\u064e\u062f\u064f \u0648\u064e\u0623\u064e\u0645\u0651\u064e\u0627 \u0625\u0630\u064e\u0627 \u0648\u064f\u062c\u0650\u062f\u064e \u0627\u0644\u0652\u0645\u0650\u0644\u0652\u0643\u064f \u062f\u064f\u0648\u0646\u064e \u0627\u0644\u0652\u064a\u064e\u062f\u0650 \u0643\u064e\u0627\u0644\u0635\u0651\u064e\u062f\u064e\u0627\u0642\u0650 \u0642\u064e\u0628\u0652\u0644\u064e \u0627\u0644\u0652\u0642\u064e\u0628\u0652\u0636\u0650 \u0623\u064e\u0648\u0652 \u0648\u064f\u062c\u0650\u062f\u064e \u0627\u0644\u0652\u064a\u064e\u062f\u064f \u062f\u064f\u0648\u0646\u064e \u0627\u0644\u0652\u0645\u0650\u0644\u0652\u0643\u0650 \u0643\u064e\u0645\u0650\u0644\u0652\u0643\u0650 \u0627\u0644\u0652\u0645\u064f\u0643\u064e\u0627\u062a\u064e\u0628\u0650 \u0648\u064e\u0627\u0644\u0652\u0645\u064e\u062f\u0652\u064a\u064f\u0648\u0646\u0650 \u0644\u064e\u0627 \u062a\u064e\u062c\u0650\u0628\u064f \u0641\u0650\u064a\u0647\u0650 \u0627\u0644\u0632\u0651\u064e\u0643\u064e\u0627\u0629\u064f \u0643\u064e\u0630\u064e\u0627 \u0641\u0650\u064a \u0627\u0644\u0633\u0651\u0650\u0631\u064e\u0627\u062c\u0650 \u0627\u0644\u0652\u0648\u064e\u0647\u0651\u064e\u0627\u062c\u0650 \u0648\u064e\u0623\u064e\u0645\u0651\u064e\u0627 \u0627\u0644\u0652\u0645\u064e\u0628\u0650\u064a\u0639\u064f \u0642\u064e\u0628\u0652\u0644\u064e \u0627\u0644\u0652\u0642\u064e\u0628\u0652\u0636\u0650 \u0641\u064e\u0642\u0650\u064a\u0644\u064e \u0644\u064e\u0627 \u064a\u064e\u0643\u064f\u0648\u0646\u064f \u0646\u0650\u0635\u064e\u0627\u0628\u064b\u0627 \u0648\u064e\u0627\u0644\u0635\u0651\u064e\u062d\u0650\u064a\u062d\u064f \u0623\u064e\u0646\u0651\u064e\u0647\u064f \u064a\u064e\u0643\u064f\u0648\u0646\u064f \u0646\u0650\u0635\u064e\u0627\u0628\u064b\u0627 \u0643\u064e\u0630\u064e\u0627 \u0641\u0650\u064a \u0645\u064f\u062d\u0650\u064a\u0637\u0650 \u0627\u0644\u0633\u0651\u064e\u0631\u064e\u062e\u0652\u0633\u0650\u064a\u0651\u0650.<\/span><\/p>\n

\u0645\u0635\u062f\u0631: \u0627\u0644\u0641\u062a\u0627\u0648\u064a \u0627\u0644\u0647\u0646\u062f\u064a\u0629, \u0643\u062a\u0627\u0628: \u0632\u0643\u0627\u0629<\/span><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Fatwa ID: 04765 Answered by: Maulana Nabil Khan Question   I’m an investor and it’s part of our trade where we often invest almost the…<\/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":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/19283"}],"collection":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/comments?post=19283"}],"version-history":[{"count":3,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/19283\/revisions"}],"predecessor-version":[{"id":19293,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/19283\/revisions\/19293"}],"wp:attachment":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/media?parent=19283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/categories?post=19283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/tags?post=19283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}