Zakah on Investment Shares

The questioner:
He says: Honorable Shaykh, may Allah grant you success, what is the method for paying the zakah on shares if they are for investment and not for trading?

The Shaykh:
And do not tighten.

The questioner:
Trading.

The Shaykh:
Shares are of two types: fixed shares. You invest them in the profit that is obtained from them, which is fixed, such as shares in factories, shares in factories, shares in fixed trade.
So the zakah is on the profit you obtain from them. If you receive something from them, you pay zakah on it. As for the shares themselves, there is no zakah on them because they are not counted for trade, but rather for investment and utilization. For example, you have shares in an electricity company. You have shares in agricultural companies. And so on, fixed shares.
The zakah on these is on their yield and what you obtain from them. If you do not obtain anything from them, there is no zakah on them, unless you intend to sell them. If you intend to sell the shares, and this is the second type of shares, which are intended for sale, you buy and sell in shares. These are like goods. You appraise them at the completion of the lunar year at their value and pay zakah on them like goods. Yes.