Is zakat due on investment certificates in banks, or only on their profits?
Zakat is obligatory on the principal and its profits if the investment is in a bank that conducts Islamic transactions. However, if the investment is in a usurious bank, one must repent and dispose of the usurious profits by giving them to the poor and needy. Zakat is only due on the lawful principal.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
Read the full answer on Ftawyhttps://ftawy.com/en/questions/34097