Zakah on Stock Investment Funds
Machine translationRead the Arabic original
Question:
The questioner asks: Is there zakah on stock investment funds?
Answer:
Yes, everything that is prepared for sale and purchase, everything that is prepared for sale and purchase, is among trade goods. Zakah is obligatory on its value; one appraises it and pays zakah on stocks and other items prepared for sale and purchase. As for stocks invested in factories, stocks in factories and farms where the capital does not return to their owners because it has entered into these projects, and they only take the yield and profit from them, this person pays zakah on the yield he obtains from these projects. Yes.
The questioner asks: Is there zakah on stock investment funds?
Answer:
Yes, everything that is prepared for sale and purchase, everything that is prepared for sale and purchase, is among trade goods. Zakah is obligatory on its value; one appraises it and pays zakah on stocks and other items prepared for sale and purchase. As for stocks invested in factories, stocks in factories and farms where the capital does not return to their owners because it has entered into these projects, and they only take the yield and profit from them, this person pays zakah on the yield he obtains from these projects. Yes.
Source
مجالس رمضان 1428هـ - 05 — alfawzan.live (32:37)
The Arabic text is a machine transcription of the audio recording.