Zakah on Shareholding in Capital and Profit
Machine translationRead the Arabic original
Question:
Another person asks, saying: I invested a sum of one thousand riyals, and this investment lasted six years. The amount yielded a profit of sixteen thousand riyals after this period. Is the zakah due on the capital only, or on the capital and the profit?
Answer:
Each year has its own obligation. Every year, the capital is zakaed along with its profit. Whenever the year ends, the capital is zakaed based on its value and its profit, whether the investment is in land or not. He should ask his partners and agree with them so that he knows the profits. He then zakaes the principal and the profit every year, and in the final year, he zakaes the money he has received.
Another person asks, saying: I invested a sum of one thousand riyals, and this investment lasted six years. The amount yielded a profit of sixteen thousand riyals after this period. Is the zakah due on the capital only, or on the capital and the profit?
Answer:
Each year has its own obligation. Every year, the capital is zakaed along with its profit. Whenever the year ends, the capital is zakaed based on its value and its profit, whether the investment is in land or not. He should ask his partners and agree with them so that he knows the profits. He then zakaes the principal and the profit every year, and in the final year, he zakaes the money he has received.
Source
ندوات الجامع الكبير مع الأسئلة - 25 — archive.org (27:54)
The Arabic text is a machine transcription of the audio recording.
