Goods that are bought and sold for profit are called "trade goods". A person who owns 80.18 grams of gold worth of trade goods in excess of his debts and basic needs must pay zakat at the rate of one-fortieth (2.5%) if one year has passed since the acquisition of these goods. Zakat is a financial obligation that must be paid out of existing capital, not out of future profits. In this respect, the Zakat on trade goods is based on its value at the time of zakaah without profit.