Is it obligatory to deduct the value of shares designated for trading that have completed a hawl (lunar year) when calculating the company's zakat, to avoid paying zakat on the same wealth twice, or is intention alone the criterion for determining the zakatable amount?
If the company pays the Zakat on the shares on your behalf and with your permission, this is sufficient, and it is permissible for you to deduct the value of these shares when calculating your company's Zakat.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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