Upon purchasing something, I had a clear intention to resell the item. Does that make the item Zakatable? Q: Upon purchasing something, I had a clear intention to resell the item. Does that make the item Zakatable? A: If an asset is purchased with the express intention to resell, it will be a Zakatable business asset regardless of when it is eventually sold.And Allah knows best!Mufti Faraz Adam Author: [email protected] Was this article helpful? Share: Previous Article Previous Article Next Article Next Article Related articles Introduction to Zakat What is Zakat ul Fitr? How much is it? Keep reading General, Introduction to Zakat, Purpose of Zakat Why has Salat and Zakat been mentioned together repeatedly in the Qur’an? Keep reading General, Introduction to Zakat, Purpose of Zakat Why do we need to distribute Zakat in the UK when we have an established welfare system? Keep reading Helping you bring Zakat to life where you live. GIVE ZAKAT APPLY FOR HELP
