Should zakat be calculated on selling price or on buying price? Like here if i buy gold the price will be 50k per vori, but if i have to sell it will be counted as 40000 tk per vori. Incase of selling they always deduct 20%. This is followed countrywide.
May 23rd, 2019
Zakat should be given on the selling price which they will give it to you when the shop buys it from you.