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Nisab Of Business Owner Or Business
Is zakat paid on the nisab of an individual business owner or on the nisab of a business or property?
Zakat is measured in relation to an individual business owner's nisab, not on a business's or property's nisab, so business partners or owners of shared property pay zakat according to their respective nisab only, not for the nisab of the business or property in aggregate; the Shaf'i school calculates nisab on the basis of the entire business or property, even if individual partners do not qualify for nisab; the Maliki school exempts partners who have been with the business or shared in the property for less than one lunar year or who do not qualify for nisab.

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