Zakah on Shares Held for Trade
Machine translationRead the Arabic original
Question:
This questioner, Abu Ahmad from al-Ras, says: I have a group of shares that I have held for four years, and I have not paid the zakah on them. Is there zakah due on these shares?
Answer:
If they are held for trade and the purpose of profit, they are like goods, and zakah is due on them. You calculate their value each year and pay the zakah on it. Yes.
The presenter:
May Allah reward you and bless you.
This questioner, Abu Ahmad from al-Ras, says: I have a group of shares that I have held for four years, and I have not paid the zakah on them. Is there zakah due on these shares?
Answer:
If they are held for trade and the purpose of profit, they are like goods, and zakah is due on them. You calculate their value each year and pay the zakah on it. Yes.
The presenter:
May Allah reward you and bless you.
Source
نور على الدرب - الفوزان - 03/170 — archive.org (12:48)
The Arabic text is a machine transcription of the audio recording.