If a person has a clear intention to resell something they have bought, does it make that item subject to Zakat? Q: If a person has a clear intention to resell something they have bought, does it make that item subject to Zakat? 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 Zakatable assets Zakat on employer issued RSU’s Keep reading Zakatable assets Which business assets do I need to pay Zakat on? Keep reading Zakatable assets Do you pay Zakat on metals? Keep reading Helping you bring Zakat to life where you live. GIVE ZAKAT APPLY FOR HELP
