How to Calculate the Zakah of Shares
Machine translationRead the Arabic original
Question:
The question concerns the zakah of stocks. Okay. If a lunar year has passed over them, do I pay zakah on them or not? The question is clear. Thank you.
Answer:
Stocks fall into two categories. Stocks in fixed assets that you invest in: you pay zakah on the returns when they come to you. As for stocks offered for sale, these are like merchandise; you appraise them when the lunar year is complete and pay zakah on their value at the end of the year. Yes. Okay. May Allah reward you with good.
The question concerns the zakah of stocks. Okay. If a lunar year has passed over them, do I pay zakah on them or not? The question is clear. Thank you.
Answer:
Stocks fall into two categories. Stocks in fixed assets that you invest in: you pay zakah on the returns when they come to you. As for stocks offered for sale, these are like merchandise; you appraise them when the lunar year is complete and pay zakah on their value at the end of the year. Yes. Okay. May Allah reward you with good.
Source
قناة «العلامة الدكتور صالح الفوزان»، 1734 - كيفية زكاة الأسهم - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.
