Zakat on Dropshipping
Question
Assalamualaikum,
I own a dropshipping business with Amazon.
I understand that i need to pay zakat on stock at the retail price but do i need to take into account the Amazon fees that i will be charged before i get paid - so for example, if the product will retail at £95 and Amazon will take £25 before they pay me - do i pay zakat on that full £95?
What about paying zakat on items where 50% deposit has been paid and they are currently being manufactured. They are not in my possession yet so do i still need to pay zakat on these?
What about items which have been shipped and are on their way to me?
Jazakallah
Answer
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
In the Name of Allah, the Most Gracious, the Most Merciful.
Kindly explain to us how you do the Dropshipping.
You may revert to us at admin@daruliftaa.net ref: Asadullah Moolla
We will advise further.
And Allah Ta’ala Knows Best
Asadullah Moolla
Student Darul Iftaa
Devon, South Africa
Checked and Approved By,
Mufti Ebrahim Desai.
- Answered by
- Asadullah Moolla
- Checked & approved by
- Mufti Ebrahim Desai
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