Is zakah obligatory on shares in which their owner has incurred a loss?
Machine translationRead the Arabic original
Question:
In the second year, may Allah prolong your life, I have shares that I bought four years ago, and I bought them at a high price, and now I have a loss on them. Is there zakah on them or not? He says: He has shares that he bought four years ago, and they were expensive, and now their value has decreased. Is there zakah on them, O Shaykh?
Answer:
If he intends them for sale, then there is zakah on them. He values them at what they are worth at the present time and pays zakah on them. Yes.
In the second year, may Allah prolong your life, I have shares that I bought four years ago, and I bought them at a high price, and now I have a loss on them. Is there zakah on them or not? He says: He has shares that he bought four years ago, and they were expensive, and now their value has decreased. Is there zakah on them, O Shaykh?
Answer:
If he intends them for sale, then there is zakah on them. He values them at what they are worth at the present time and pays zakah on them. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [4419] هل تجب الزكاة في الأسهم التي خسر فيها صاحبها؟ - صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.