Zakah on Owned Shares
Machine translationRead the Arabic original
Question:
Salih, may Allah preserve you and bless you. A questioner says: I bought shares and left them until they rise in value, and I want to sell them after five years. Do I pay zakah on them during the five years, or after I sell them?
Answer:
You pay zakah on them according to their value. You appraise them, and every year that passes, you appraise them at their current value and pay zakah on them. Yes.
The presenter:
May Allah reward you, Your Eminence the Shaykh
Salih, may Allah preserve you and bless you. A questioner says: I bought shares and left them until they rise in value, and I want to sell them after five years. Do I pay zakah on them during the five years, or after I sell them?
Answer:
You pay zakah on them according to their value. You appraise them, and every year that passes, you appraise them at their current value and pay zakah on them. Yes.
The presenter:
May Allah reward you, Your Eminence the Shaykh
Source
قناة «إذاعة القرآن الكريم»، نور على الدرب مع معالي الشيخ صالح الفوزان ح7485 — youtube.com (12:02)
The Arabic text is a machine transcription of the audio recording.