Is Zakat obligatory on the the value of dollar-denominated sukuk and their profits, knowing that they have not been disbursed?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
The funds of that meet compliance in Islamic banks are subject to as trade goods. This means that both the profits and the principal are subject to Zakat, by giving out one-fourth of one-tenth (2.5%) of their combined total.
Summarized from the full answer at Ftawy · imported
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