Question ID: 24524
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If I buy and sell cars as my business, and I recentlly sold a car and have the money with me. Normally, every Ramadhan I pay my Zakaah. It is now Ramadhan and I have this money with me for under 1 year and I plan to buy another car to sell with this money, do I have to pay Zakaah on this money?

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Asked on August 27, 2011 12:42 am
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Yes
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Answered on August 27, 2011 12:42 am