Dr. Monzer Kahf, a prominent Muslim economist and counselor, answers: “Allah the Almighty is a lot more lenient and merciful to us than what we sometimes impose to ourselves. We don’t have to sell at a loss to pay Zakah. We can wait until prices become reasonable to sell, then pay Zakah. This is if we cannot pay it from other sources of income and forms of wealth without sin. For the time being, it is advised to make better planning if you can”
Selling Stocks to Pay Zakah
Did you like this content?
Recommended
Takbir on the Days of Dhul-Hijjah
Offering Tahajjud Without Sleeping
Days of Dhul-Hijjah: Ethics & Morals
Visiting Graves on the Day of `Eid
Is Fasting the Days of Tashreeq Permissible?
Does Shaving During the ten Days of Dhul-Hijjah Validate Udhiyyah?
The Wisdom Behind Shaving Head During Hajj
Making up for Years of Missed Prayer
Disobedient Wife, How to Deal with Her?
Missed Tawaf Al-Ifadah: Is Hajj Valid?
Top Reading