Economic Development under Islam by Dr Jamal Harwood

Narrated Zahdam bin Mudarrib:
حَدَّثَنِي مُحَمَّدُ بْنُ بَشَّارٍ، حَدَّثَنَا غُنْدَرٌ، حَدَّثَنَا شُعْبَةُ، قَالَ سَمِعْتُ أَبَا جَمْرَةَ، قَالَ حَدَّثَنِي زَهْدَمُ بْنُ مُضَرِّبٍ، قَالَ سَمِعْتُ عِمْرَانَ بْنَ حُصَيْنٍ ـ رضى الله عنهما ـ عَنِ النَّبِيِّ صلى الله عليه وسلم قَالَ ‏"‏ خَيْرُكُمْ قَرْنِي، ثُمَّ الَّذِينَ يَلُونَهُمْ، ثُمَّ الَّذِينَ يَلُونَهُمْ ‏"‏‏.‏ قَالَ عِمْرَانُ فَمَا أَدْرِي قَالَ النَّبِيُّ صلى الله عليه وسلم بَعْدَ قَوْلِهِ مَرَّتَيْنِ أَوْ ثَلاَثًا ‏"‏ ثُمَّ يَكُونُ بَعْدَهُمْ قَوْمٌ يَشْهَدُونَ وَلاَ يُسْتَشْهَدُونَ، وَيَخُونُونَ وَلاَ يُؤْتَمَنُونَ، وَيَنْذِرُونَ وَلاَ يَفُونَ وَيَظْهَرُ فِيهِمُ السِّمَنُ ‏"‏‏.‏

'Imran bin Husain said: The Prophet (ﷺ) said, "The best people are my contemporaries (i.e., the present (my) generation) and then those who come after them (i.e., the next generation)." 'Imran added: I am not sure whether the Prophet (ﷺ) repeated the statement twice after his first saying. The Prophet (ﷺ) added, "And after them there will come people who will bear witness, though they will not be asked to give their witness; and they will be treacherous and nobody will trust them, and they will make vows, but will not fulfill them, and fatness will appear among them."
Reference : Sahih al-Bukhari 6428

A delegation, from Hizb ut Tahrir / Wilayah Sudan headed by Ustaath Nasir Ridha, Head of Central Contacts Committee, accompanied by Ustaath Abdallah Hassan and Ustaath Abdelqader, Members of the Central Contacts Committee of Hizb ut Tahrir in Wilayah Sudan, met with Doctor Ghazi Salah al-Deen – Head of Reform Now party and Head of the Strength of the Future Confederation which consists of 41 parties.

The question is regarding the goods at the end of the period (end of the Zakat year), they are the goods purchased just for the purpose of selling, but were not sold by the time of the end of the Hawl (zakat year), so how should these goods be evaluated in terms of price, is it by the purchasing price or market price? I.e. is it by the purchasing price or selling price? If it is by the purchasing price then the issue is clear, and if it is by the selling price, then are the goods evaluated at the wholesale price or individual items’ price? The goods might be stored with someone else, i.e. the agent, so will they be evaluated according to the price in the country of the one who should pay Zakat, or the price of goods in the country where the goods are? Also regarding the goods that did not sell, i.e. the goods that did not sell for many years, is Zakat obliged on them, especially since they lost their market and exchangeable price?