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Zakat on your business.


Is their Zakat on your business?

You may be aware about Zakat on personal wealth, however, the Qur’an and Sunnah have also given specific guidance on paying Zakat on business. 

The following verse refers to Zakat on business:

 “O you who have believed, spend from the good things which you have earned..” (Qur’an 2:267)

The Sunnah explicitly highlights Zakat on business assets. Samurah bin Jundub (May Allah be pleased with him) said: 

‘’The messenger of God commanded us to give Sadaqah (Zakat) on what we intended for trade.’’ (Sunan Abu Dawud)

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Discover what liabilities can be subtracted from your Zakat calculation.

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Follow practical and step by step guide for Zakat calculation on a business.

Learn about simplified methods for stock valuation.

Find out what a ‘business asset’ is when calculating Zakat.