Zakat on merchandise (trade)
Assalamualaikum In Sha Allah your all well.
I have a question about zakat. I own a small business Alhumdulilah.
When it says we have to pay zakat on merchandise (trade) does that mean all the products and items i use in my business?
Jazak Allahu Khayran
السلًم عليكم ورحمة الله وبركات ه
Zakah is only paid on stock in trade – not any assets. Please refer to the CIEA document – points 3 and 4.
جزاكم الله خيرا