How is zakat paid on money generated from variable-yield investment certificates from an Islamic bank, knowing that the principal amount exceeds the nisab and the yield is used to cover the family's monthly living expenses?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the return on investment certificates is spent on essential needs, then there is no due on it. However, if it is added to the principal, then Zakat is calculated on the principal plus the return, at a rate of 2.5%, when one lunar year has passed on the principal amount.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/178974
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- Ftawy
- Original fatwa ID
- 178974
- 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.
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- Read the full answer on Ftawy