How to Calculate the Zakah of Shares
Machine translationRead the Arabic original
Question:
Honorable Shaykh, how is zakah paid on shares?
Answer:
If the shares are in stable companies, production companies such as factory companies, cement factories, iron factories, stable factories that produce goods for sale, or agricultural companies that produce grains and fruits, then one pays zakah on what comes out of them, on his share of what comes out of them. As for the capital, it is not subject to zakah, because it is for utilization, but he pays zakah on what he gains from it.
As for if the companies are trading companies, not investment companies, but trading companies, buying and selling, they buy goods and sell them, and the capital turns into profit, like a mudarabah company, a company of faces, a company of equity, a known trading company, then he pays zakah on the capital and pays zakah on the profit.
Honorable Shaykh, how is zakah paid on shares?
Answer:
If the shares are in stable companies, production companies such as factory companies, cement factories, iron factories, stable factories that produce goods for sale, or agricultural companies that produce grains and fruits, then one pays zakah on what comes out of them, on his share of what comes out of them. As for the capital, it is not subject to zakah, because it is for utilization, but he pays zakah on what he gains from it.
As for if the companies are trading companies, not investment companies, but trading companies, buying and selling, they buy goods and sell them, and the capital turns into profit, like a mudarabah company, a company of faces, a company of equity, a known trading company, then he pays zakah on the capital and pays zakah on the profit.
Source
شرح بلوغ المرام من أدلة الأحكام [ صالح الفوزان ]، تتمة باب عشرة النساء — islamhouse.com (1:17:32)
The Arabic text is a machine transcription of the audio recording.