Question
A man has an amount of money that he trades with by buying and selling cars, and sometimes he does not make a profit and sometimes he incurs losses. He has been in this field for a year and a half and has not made much profit from his work. Does he have to pay Zakat, and does he also have to pay Zakat on the capital?
Answer
I say, and with God's help: If the amount of money he has for trade exceeds the threshold for zakat, which is 100 grams of gold, he must pay zakat on it whether he makes a profit or a loss; because zakat is due on the same wealth, and God knows best.