IDEAS home Printed from https://ideas.repec.org/a/abd/kauiea/v7y1995i1no7p31-73.html
   My bibliography  Save this article

Zakat on Fixed Investments زكاة الأصول الثابتة الاستثمارية

Author

Listed:
  • MONZER KAHF

    (Researcher, Islamic Research and Training Institute, 1DB Jeddah, Saudi Arabia)

Abstract

Contemporary application of Zakat, practiced in some Muslim countries and expected to be implemented in some others, raises the question of zakat on fixed investment. The question has generated divergent views by Muslim jurists. The present paper concludes that fixed investments should pay zakat on similar terms to zakat on traded assets; i.e. 2.5% of their marked value (at the end of zakat year) plus cash in hand. The view taken in the present paper is based on the economic characteristics of fixed investment as compared to other zakatable assets, on shari'ah rules and on considerations of equity. Other views are also examined. إن التطبيق المعاصر للزكاة ، وهو حاصل في عدد من البلدان الإسلامية ومتوقع في عدد آخر ، يثير مسألة تزكية الأصول الاستثمارية الثابتة التي تعددت بشأن تزكيتها الآراء الفقهية . والبحث الحاضر ينتهي إلى وجوب الزكاة في تلك الأصول وفق القواعد المطبقة على عروض التجارة بحيث تزكى بنسبة 2.5% من قيمتها عند نهاية الحول مع ما بقي من عوائدها . ويدعم البحث وجهة النظر هذه اعتماداً على الخصائص الاقتصادية للأصول الاستثمارية ، وعدد من الأدلة الشرعية فضلاً عن اعتبارات العدالة . ويناقش أدلة المخالفين .

Suggested Citation

  • Monzer Kahf, 1995. "Zakat on Fixed Investments زكاة الأصول الثابتة الاستثمارية," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 7(1), pages 31-73, January.
    • Handle: RePEc:abd:kauiea:v:7:y:1995:i:1:no:7:p:31-73
    DOI: 10.4197/islec.7-1.7
    as

    Download full text from publisher

    File URL: https://iei.kau.edu.sa/Files/121/Files/153896_IEI-VOL-07-02-Monzer.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.4197/islec.7-1.7?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:abd:kauiea:v:7:y:1995:i:1:no:7:p:31-73. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: King Abdulaziz University, Islamic Economics Institute. (email available below). General contact details of provider: https://edirc.repec.org/data/cikausa.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.