How to Calculate the Zakah of Shares
Machine translationRead the Arabic original
Question:
May Allah reward you. Honorable Shaykh, a questioner asks: What is the correct method for paying the zakah on stocks and bonds?
Answer:
The value of such goods. As for bonds, what are riba (usury or interest) bonds? Stocks may be in goods or in real estate, or they may be valued and zaka is paid on them like goods. As for bonds, I do not know what you mean by riba bonds. Yes, loan bonds. Yes. Impossible.
May Allah reward you. Honorable Shaykh, a questioner asks: What is the correct method for paying the zakah on stocks and bonds?
Answer:
The value of such goods. As for bonds, what are riba (usury or interest) bonds? Stocks may be in goods or in real estate, or they may be valued and zaka is paid on them like goods. As for bonds, I do not know what you mean by riba bonds. Yes, loan bonds. Yes. Impossible.
Source
قناة «العلامة الدكتور صالح الفوزان»، 680- كيفية زكاة الأسهم|الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.