Question: When should one pay Zakat on business goods?

Answer: Zakat on business goods should be paid together with the Zakat of all other Zakatable wealth.

Zakatable wealth is money, gold, silver, merchandise, etc.) which are equivalent to or more than the  value of Nisaab: 612.36 grams of Silver (R5848.03 - as per Friday the 22nd of July 2016).

Zakat becomes compulsory exactly one lunar year after a person first becomes the owner of Zakatable wealth. Thereafter, Zakat will be compulsory on Zakatable assets on the same date every lunar year. 

AND ALLAH KNOWS BEST

Yusuf Moosagie

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