Muslims Trading with Other Countries?

Question:
My question is regarding trade. As far as I know, in Islam it is allowed to do trade with Christians, Jews (Book Holders) Today most of the Muslim countries do their businesses with Japan, Korea and those countries which are neither Jewish or Christian. Is this right? Secondly, the goods that Muslim country buy from these countries is sold in local markets. Are Muslim masses allowed to buy these goods?

Answer:
All perfect praise be to Allah, The Lord of the Worlds. I testify that there is none worthy of worship except Allah, and that Muhammad sallallaahu `alayhi wa sallam (may Allaah exalt his mention) is His slave and Messenger.

In principle, it is permissible for a Muslim to buy from Jews, Christians, polytheists, and all other non-Muslims or to sell them goods within the limits of the Shari’ah.

However, any involvement in Riba (interest and/or usury), selling pork and the like are forbidden. Therefore, there is no harm to purchase their food, drinks, garments, means of transport, etc. as long as they do not contain any prohibition of the Islamic Shari’ah.

Allaah Knows best.


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What are The Commodities That are Subject to Zakat?

How do we know if some article we hold is a commodity, so that we know whether it is subject to zakat or not?

All commodities, which are articles of trade or commerce are subject to zakat. It is not possible to count the commodities one by one. Any article that is bought in order to sell and make a profit is called “commodity” and it is subject to zakat as long as it’s Shari’ah compliant. Articles of garments, foodstuff, construction materials, etc. are only a few examples of such commodities.

An article must have the following two qualities to be called a commodity:

  1. It must be bought in order to be sold,
  2. The owner must have bought it aiming to make a profit.

If any of these two qualities is missing, it cannot be called “commodity” in Islamic jurisprudence.

For example, cars that are bought for personal use are not commodities and are not subject to zakat. If someone is a car-dealer and holds the same cars with the intention of selling, they would be articles of trade for him. Thus, being subject to zakat. Then, that person must calculate the 1/40th (2.5%) of their cost, which is the price he bought them for, and give out that amount as zakat.


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