When and how is Zakat calculated on shares purchased in an Islamic bank with the intention of selling them after several years, along with purchasing additional shares with the annual profit?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The shares you bought with the intention of reselling them are subject to as trade goods if a hawl (full lunar year) has passed on the original capital with which you purchased them, and their value at the time of the hawl reaches the (minimum threshold). Zakat is due on them every year, including their profits. The obligatory amount is two and a half percent (2.5%) of the capital and the profits generated from it.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/116496
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 116496
- 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