Khums: Khums on Partially Woven Carpet and Capital from a Loan — What’s the Ruling?
Practical Laws of Islam as per the teachings of Imam Khamenei
Khums: Khums on Partially Woven Carpet and Capital from a Loan — What’s the Ruling?
English:
Question #905:
My wife weaves carpets and the capital involved in carpet weaving belongs to us. We obtained it through a loan, and only a part of the carpet has been woven till now while my khums year has already ended. Would khums be applicable to the portion that has been woven when the carpet is completed and sold if I intend to use its sale proceeds for household necessities? What is the rule regarding the capital?
Answer #905:
After excluding the capital acquired on loan from the sale price ofcarpet, the rest would be considered part of the earnings of the year it is sold. Therefore, if it is spent for living expenses in the year the carpet is completed and sold, it will not be liable to khums.
-Imam Khamenei, Practical Laws of Islam, Importance and Conditions of Khums