Post by account_disabled on Mar 16, 2024 1:18:57 GMT -5
Value at the end of the year with the cash money circulating in the country and take out a quarter of a tenth i.e. . % for the poor needy and other deserving people. How to evaluate trade offers and calculate the quorum and the amount to be paid Trade goods are what is prepared for buying and selling money and goods and zakat is due on them if they meet the conditions which are intention quorum year ownership and growth. In order for a Muslim to calculate the zakat on trade offers he follows the following steps.
The first step evaluating the offers The Muslim evaluates the trade offers he has at the end of the year which is when zakat is due with the cash money circulating in the country and adds to it the money he has BTC Database ES or his fixed debts to others. He evaluates the offers at the wholesale price that is the price at which he sells them to merchants and not at the retail price that is the price at which he sells them to customers. He evaluates the offers at the current price not at the price at which he bought them and the increase or decrease in the price during the year does not matter.
The second step Calculating the quorum The Muslim calculates the nisab which is the minimum amount that a Muslim must have in order to be obligated to pay zakat. The quorum in trade offers is the quorum for gold or silver which is equivalent to grams of gold or grams of silver and is estimated in cash circulating in the country. The quorum must be reached at the beginning and end of the year and if it decreases during it it does not matter. Trade zakat The third step paying zakat The Muslim pays zakat from the net.
The first step evaluating the offers The Muslim evaluates the trade offers he has at the end of the year which is when zakat is due with the cash money circulating in the country and adds to it the money he has BTC Database ES or his fixed debts to others. He evaluates the offers at the wholesale price that is the price at which he sells them to merchants and not at the retail price that is the price at which he sells them to customers. He evaluates the offers at the current price not at the price at which he bought them and the increase or decrease in the price during the year does not matter.
The second step Calculating the quorum The Muslim calculates the nisab which is the minimum amount that a Muslim must have in order to be obligated to pay zakat. The quorum in trade offers is the quorum for gold or silver which is equivalent to grams of gold or grams of silver and is estimated in cash circulating in the country. The quorum must be reached at the beginning and end of the year and if it decreases during it it does not matter. Trade zakat The third step paying zakat The Muslim pays zakat from the net.