What is the method for calculating Zakat on shares owned by an individual with the intention of annual income, but who is compelled to sell them during times of economic crises to protect capital, then reinvests them to benefit from their decreased market value and increase the number of shares, bearing in mind that a portion of the money might be in cash outside the market at the time of the hawl (one year's possession)?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the shares were not bought with the intention of trading, then is due on their profit if it reaches the and a full year has passed over it. If these shares are sold, their price is kept for a year, and zakat is paid on it when one Hijri year has passed since it came into your possession, by giving out a quarter of a tenth (2.5%).
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
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- 133210
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- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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- Read the full answer on Ftawy