Zakat On Business Investments
@UmerQureshi I have started online business on Amazon in UAE. I am confused about the zakat. Would the current inventory of goods that I sell on amazon is due for 2.5% zakat or not? And also I don’t have plot but have files of plots and I am paying installments so I would pay zakat on 2.5% of collective amount of all installments?
Their market value as at the date when Zakat becomes due – just the way we do with gold or silver.