Prayers & Duties >> Zakat & Charity
Question ID: 52052Country: Saudi Arabia
Answer ID: 52052
Bismillah hir-Rahman nir-Rahim !
(Fatwa: 831/693/B=06/1435) Yes, it is necessary to pay fortieth part of the amount which is invested in the business as zakah. You will have to pay 50000/- as zakah of 20 lakh.
Allah (Subhana Wa Ta'ala) knows Best
Darul Ifta,
Darul Uloom Deoband, India