Zakah on Shares in Companies
Machine translationRead the Arabic original
Q: The subscription to companies through shares has become widespread in the present time. Is there zakah on these shares? And how is it paid?
A: It is obligatory for the owners of shares intended for trade to pay their zakah when a lunar year has passed, just like other commodities such as land, cars, and the like. However, if they are for participation in assets intended for rental rather than sale, such as land and cars, then there is no zakah on them; rather, the zakah is due on the rent if a lunar year has passed and it reaches the minimum threshold, just like other money. And success is from Allah.
A: It is obligatory for the owners of shares intended for trade to pay their zakah when a lunar year has passed, just like other commodities such as land, cars, and the like. However, if they are for participation in assets intended for rental rather than sale, such as land and cars, then there is no zakah on them; rather, the zakah is due on the rent if a lunar year has passed and it reaches the minimum threshold, just like other money. And success is from Allah.
Source
binbaz.org.sa
The Arabic text is copied verbatim from the original source, without any edits.