{"id":37849,"date":"2025-10-29T20:07:49","date_gmt":"2025-10-29T20:07:49","guid":{"rendered":"https:\/\/daruliftabirmingham.co.uk\/home\/?p=37849"},"modified":"2025-10-29T20:07:49","modified_gmt":"2025-10-29T20:07:49","slug":"ruling-on-calculating-zakat-on-merchandise-cost-price-or-market-value","status":"publish","type":"post","link":"https:\/\/daruliftabirmingham.co.uk\/home\/ruling-on-calculating-zakat-on-merchandise-cost-price-or-market-value\/","title":{"rendered":"Ruling On Calculating Zakat On Merchandise: Cost Price or Market Value"},"content":{"rendered":"

Fatwa ID: 08444<\/strong><\/span><\/p>\n

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Answered by: Alimah Aisha Qureshi<\/strong><\/span><\/p>\n

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\u00a0<\/strong><\/span><\/p>\n

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

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When calculating Zakat on merchandise, does one use the cost price or the market value?<\/span><\/p>\n

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

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

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\u00a0<\/strong><\/span><\/p>\n

In the Hanafi school of thought,\u00a0Zakat\u00a0on\u00a0merchandise\u00a0(goods or stock held for sale) should be paid, owners must understand how they should calculate the Zakat they owe on their merchandise. This is a crucial matter because Zakat is a financial obligation, and its calculation impacts the owner\u2019s wealth and the amount due.<\/span><\/p>\n

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According to Hanafi Fiqh, the Zakat which is due on\u00a0the goods is calculated based on the\u00a0market value\u00a0of the goods at the time of Zakat.<\/span><\/p>\n

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The\u00a0market value\u00a0is the price that the goods could get if sold in the current market, rather than the actual cost price.<\/span><\/p>\n

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\u00a0<\/strong><\/span><\/p>\n

References:<\/strong><\/span><\/p>\n

\u0648\u0644\u0647 \u0648\u0644\u0627\u064a\u0629 \u0645\u0646\u0639\u0647\u0627 \u0627\u0644\u064a \u0627\u0644\u0642\u064a\u0645\u0629 \u0641\u062a\u0639\u062a\u0628\u0631 \u064a\u0648\u0645 \u0627\u0644\u0645\u0646\u0639 \u0643\u0645\u0627 \u0641\u064a \u0645\u0646\u0639 \u0627\u0644\u0648\u062f\u064a\u0639\u0629 \u0648\u0648\u0644\u062f \u0627\u0644\u0645\u063a\u0635\u0648\u0628\u060c<\/span><\/p>\n

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Fatawa Hindiya vol 2 pg 226 publisher Dar Al Kotob Al- ilmiya Beirut<\/span><\/p>\n

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Only Allah knows best.<\/span><\/p>\n

Written by Alimah Aisha Qureshi<\/span><\/p>\n

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

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

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Fatwa ID: 08444       Answered by: Alimah Aisha Qureshi   \u00a0 Question:   When calculating Zakat on merchandise, does one use the cost…<\/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\/37849"}],"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=37849"}],"version-history":[{"count":2,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/37849\/revisions"}],"predecessor-version":[{"id":39187,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/37849\/revisions\/39187"}],"wp:attachment":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/media?parent=37849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/categories?post=37849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/tags?post=37849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}