How to Calculate the Zakah of Shares
Machine translationRead the Arabic original
Question:
He says: Honorable Shaykh, he has a group of shares and wants to pay the zakah on these shares. What is the method for doing so?
Answer:
These shares are of two types. Shares that are held in companies: for these, you pay zakah on the profit that reaches you from the earnings of these shares. As for shares that are for buying and selling—shares that are in the category of trade goods for buying and selling—you appraise them at the completion of the lunar year at their market value and then pay zakah on them. They are treated exactly like trade goods. Yes.
He says: Honorable Shaykh, he has a group of shares and wants to pay the zakah on these shares. What is the method for doing so?
Answer:
These shares are of two types. Shares that are held in companies: for these, you pay zakah on the profit that reaches you from the earnings of these shares. As for shares that are for buying and selling—shares that are in the category of trade goods for buying and selling—you appraise them at the completion of the lunar year at their market value and then pay zakah on them. They are treated exactly like trade goods. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، برنامج (فتاوى) (070) لمعالي الشيخ صالح الفوزان بتاريخ [1435-11-22] - كبار العلماء — youtube.com (43:58)
The Arabic text is a machine transcription of the audio recording.