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['Aalim Network QR] Khums

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|       In the Name of Allah, the Compassionate, the All-Merciful       |\
|  Greeting of Allah be upon Muhammad and the pure members of his House |\

Salamun `Alaykum

The following question was kindly answered by Shaykh Mustafa.

Fee Amaanillah,

Akil Karim
Acting Moderator for ABDG-A

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I have a business and I would like to know how khums affects me; and I
also would like to know who deserves this khums. In a business it is
sometimes difficult to draw a line and say this is my profit because the
money is regularly being reinvested. 


Based on the fatwas of Ayatullah Seestani (Dama Zilluh):

Khums is wajib on all profits made at the end of the year. Deductible
from the profits are expenses incurred in leading his or her normal
lifestyle. Capital for investment or reinvestment cannot be deducted
before Khums. (See Masala 588 Pg 243 of Al-Masail Al-Muntakhabah)

As for disposal of Khums, the 20% Khums of all profits gained at the end
of the year are divided into two; One goes to any deserving and needy
Sayyid (descendant of the Holy Prophet) and the other goes to the Imam of
the time (AS) and, in his absence, to his representative. Ayatullah
Seestani says: 

... and during the present time it should be given to a Mujtahid, who
fulfils all conditions, or be spent for such purposes as allowed by that
Mujtahid. As an obligatory precaution, that Mujtahid must be A'alam (most
learned of his contemporaries), and well versed in public affairs. (See
Masala 1843 Pg 333 of Islamic Laws published by World Fed.)

Wallahu A'alam,

Mustafa Jaffer

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