Question

I need to pay my zakaat, but I have no cash flow, it’s all in stock.

Can I give away the value of the zakaat I owe by means of stock? I can calculate the cost.

If yes, can I use the stock which is not moving? Out of trend clothing stuff.

Answer

With regards to paying the zakaat in lieu of inventory (clothing) which is dead stock or not selling.

It is permissible to use the current wholesale value of the clothes to pay as zakaat, as part of the total zakaat liable.

Be careful not to over value the inventory, ensure the market related wholesale value is calculated.

The clothing has to be in usable condition.

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