Question
On what value should Zakaat on stock be paid?
Answer
Zakaat on stock is calculated on the current wholesale price, i.e. the price you will pay if you have to purchase the stock currently.
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 24 No 02
- PDF page
- 12
Appears under MENK- AN AGENT OF IBLEES (approximate).