Zakaat payable on stock items for sale
Q: The zakaat payable on stock items for sale is it on the market price, cost price or sale price?
Q: The zakaat payable on stock items for sale is it on the market price, cost price or sale price?
Q:
1. Is zakaah payable on trading stocks?
2. How do you calculate it?
Q: I bought a land as an investment, but I do not have a clear view on when I will sell it. I have not put it up for sale yet. Do I have to pay zakaat on its value or will zakaat only be applicable when I put the property up for sale?
Q: Can a person give dead stock as zakaah?
Q: A person purchased land abroad with the intention to sell and make profit 8 years ago. The price of this land has risen, thought is stagnant at present. However due to a decline in foreign investors in the country the market for foreign companies purchasing land from individuals is at a standstill. Therefore being unable to sell this land for the foreseeable future would one be required to pay zakaat on this? If so, at what price? i.e market or purchase price?
Q: If a person buys a plot, will Zakaat be compulsory on it or not?
Q: Does one need to pay zakaat on land purchased abroad in 2008 with the intention of selling in the future? Currently the land is vacant as the prices for land have reduced greatly and demand is very low and the land wont be sold until another 4/5 years at least. If so, how does one calculate?
Q: I bought something for resale purposes. Now I no longer intend selling it, rather I will use it in my home. Will Zakaat be fardh on it?
Q: If a person has a halaal business but there is some haram involved in it like music and he gives zakaat from that income, will his zakaat be acceptable to Allah Ta'ala?
Q: I am living abroad and my question is that I purchased two plots and decided that I will construct a house on one plot and and sell the second plot to utilize that amount for construction, guide me about the zakaat on those two plots. Secondly I have booked one house two month ago for four year installments and possession will be after installment. Guide me about the zakat on that house.