Is Zakat obligatory on subscribed shares not intended for speculation, and at what value is it calculated – the subscription value or the market value – and does the company's payment of Zakat suffice for the shareholders?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the investor in shares intends to benefit from their dividends, then is due only on the profits, not on the principal of the share, provided that the company pays the Zakat for the shareholders with their permission.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/100161
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 100161
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy