Wealth decreasing before the zakaat date

Q: What is the mas’alah regarding a person whose wealth decreased before the zakaat date?

E.g. Bakr possessed R1, 000, 000 throughout the year. Just before the end of his zakaatable year i.e. 1st of Ramadhaan, he suffered a loss of R900, 000 in his business. Will Bakr now have to pay zakaat on R1, 000,000 or R100, 000?

A: Bakr will have to pay zakaat on R100, 000.

وشرطه أي شرط افتراض أدائها حولان الحول وهو في ملكه اهـ. (الدر المختار 2/267)

ونقصان النصاب في الحول لا يضر إن كمل في طرفيه (حاشية الطحطاوي على مراقي الفلاح صـ 717)

وإذا كان النصاب كاملا في طرفي الحول فنقصانه فيما بين ذلك لا يسقط الزكاة (مختصر القدوري صـ 57)

Answered by:

Mufti Zakaria Makada

Checked & Approved:

Mufti Ebrahim Salejee (Isipingo Beach)

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