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Atta-ur-Rehman

Do Unsold eBay Items for Resale Require Zakat After 6 Months?

8 min read

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Yes, unsold eBay items purchased for resale are subject to Zakat after six months.

Here's why:

  • Business assets: If the items were bought to resell, they are considered Zakatable assets regardless of whether they are sold or not. This holds even if they remain unsold for months.
  • Zakat calculation: Zakat is due on these items annually, based on their current market value at the end of the lunar year (Hijri year).
  • Zakat rate: The rate of Zakat is 2.5% of the total market value of the unsold items.
  • Intention matters: The key factor is the intention behind the purchase. If the items were intended for resale, they are treated as business assets and are subject to Zakat.

Key points to remember:

  • Even if the items remain unsold after six months, they are still subject to Zakat because the intention was to resell them.
  • Zakat is calculated on the market value of the goods, not necessarily when they are sold.
  • The obligation continues until the items are either sold or their value is used for another purpose.

Thus, eBay sellers or anyone buying goods for resale must track these assets carefully and calculate Zakat annually to meet their Islamic financial obligations.

And Allah knows best!

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WRITTEN BY

Atta-ur-Rehman

Atta-ur-Rehman, a specialist in Fiqh from Fazal-Jamiat-ul-Uloom-ul-Shariah, Jama'at ul-Umar Karachi, is an expert in Islamic jurisprudence. His expertise spans various aspects of Shariah, including Zakat, financial rulings, family laws, and ethical guidance in everyday life. With a deep understanding of Islamic principles, he provides a reliable insights into matters of faith, worship, and personal obligations.