Zakah on Capital and Profit in Shares
Machine translationRead the Arabic original
Question:
May Allah reward you and bless you. This questioner, Abu Muhammad, says: I bear witness to Allah regarding my love for you and for the questions. Waleed, from the Honorable Shaykh (may Allah preserve him), is asking for an answer. His first question says: I have paid amounts into large shares that I do not know about. Do I pay zakah on them before the lunar year completes or after the profit? Or do I wait until I receive that which is due to me?
Answer:
He paid dirhams in partnerships or in shares. He pays zakah on the capital. He pays zakah on the profit whenever the lunar year completes on the capital. He pays zakah on the capital and on the profit following it. Yes.
May Allah reward you and bless you. This questioner, Abu Muhammad, says: I bear witness to Allah regarding my love for you and for the questions. Waleed, from the Honorable Shaykh (may Allah preserve him), is asking for an answer. His first question says: I have paid amounts into large shares that I do not know about. Do I pay zakah on them before the lunar year completes or after the profit? Or do I wait until I receive that which is due to me?
Answer:
He paid dirhams in partnerships or in shares. He pays zakah on the capital. He pays zakah on the profit whenever the lunar year completes on the capital. He pays zakah on the capital and on the profit following it. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، نور على الدرب 259 من المجموعة الثالثة للشيخ صالح الفوزان — youtube.com (11:21)
The Arabic text is a machine transcription of the audio recording.