Zakaat on the capital amount in a mudhaarabah transaction

Q: Is zakaat compulsory on the capital amount in a mudhaarabah transaction?

A: Yes, provided the capital amount is in cash or it has been used in zakaatable assets.

And Allah Ta'ala (الله تعالى) knows best.

 

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)