Zakat on Wealth Acquired During the Year (Mal Mustafad)

Question

The case is this: on the first of Ramadan 92 AH I had two thousand rupees. For two months there was no increase in these two thousand; rather, after two months it increased by means of trade, until on the first of 93 AH it became the sum of five thousand rupees. Is zakat obligatory on me only on two thousand or on the full five thousand? Kindly send the answer promptly.

Answer

In this case zakat on five thousand will be obligatory: whatever increase in income occurs during the year, at the end of the year zakat is due on all of it.

Source: Fatawa Mahmudiyya

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