Zakaat on a fish farm
Question
1. I have a fish farm. How do I pay zakaat on it ? Do I have to pay zakaat on the amount of fish I have purchased for or do I have to pay on the current market price of all the fish I have?
2. What if most of the fish died and I am unable to know the exact amount of fish in the farm?
Answer
1. You will pay on the current market price of the fish that you have at the end of your zakaat year.
2. Make a careful analysis and based on your estimation you should discharge the zakaat.
And Allah Ta'ala (الله تعالى) knows best.
- Answered by
- Mufti Ebrahim Salejee (Isipingo Beach)
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