April 12, 2025
3 mins
Is Zakat Due on Money Intended for a Future Purchase?
Answered by Shaykh Muhammad Carr Question Before my zakat anniversary, I agreed to purchase a business for $100,000. Due to some delays, I paid half of the amount before my Zakat anniversary and the remaining half afterward. Am I required to pay Zakat on the $50,000, or is it exempt since the agreement was made […]