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The question

Is Zakat obligatory on shares of an Islamic company under establishment that have not been offered for trading and the current share value is unknown?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

is obligatory on the money you invested in the company if it reaches the (minimum threshold) by itself or when combined with other wealth you own, whether it be cash or trade goods. Zakat is not obligatory until a hawl (one lunar year) has passed over the money, unless it is growth from existing wealth, in which case its hawl is that of its origin.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
50298
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