Khums: Simplest Method for Shopkeepers to Calculate Annual Khums

Practical Laws of Islam as per the teachings of Imam Khamenei

Khums: Simplest Method for Shopkeepers to Calculate Annual Khums

English:

Question #980:

I hope you will explain the easiest way a shopkeeper may calculate and pay his annual khums?

Answer #980:

At the end of the khums year, the owner should calculate the value of the stock plus the cash money he has. Then compare it with the original capital investment (taking into consideration the inflation). If the calculated figure amounts to a value greater than the original capital investment, then the extra amount would be considered as the year’s profit on which khums should be paid.

-Imam Khamenei, Practical Laws of Islam, Importance and Conditions of Khums