We suffered a loss in stocks, so how do we pay the zakah on these stocks in which we lost money?
Machine translationRead the Arabic original
Question:
He says: Honorable Shaykh, may Allah grant you success, we suffered a loss in stocks, so how do we pay the zakah on these stocks in which we lost money?
Answer:
By Allah, I am one of those who have issued rulings on stocks since the very beginning of the Muslims’ trial with them. I do not issue a ruling on them, because their nature has not become clear to me, nor what they are used for. This has not become clear to me, so I do not issue a ruling on them, neither regarding their zakah, nor their permissibility, nor their prohibition. I do not know about them.
He says: Honorable Shaykh, may Allah grant you success, we suffered a loss in stocks, so how do we pay the zakah on these stocks in which we lost money?
Answer:
By Allah, I am one of those who have issued rulings on stocks since the very beginning of the Muslims’ trial with them. I do not issue a ruling on them, because their nature has not become clear to me, nor what they are used for. This has not become clear to me, so I do not issue a ruling on them, neither regarding their zakah, nor their permissibility, nor their prohibition. I do not know about them.
Source
قناة «العلامة الدكتور صالح الفوزان»، [633 -2802] أصابتنا خسارة في الأسهم، فكيف نُزكي هذه الأسهم التي خسرنا فيها؟ - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.