• Prayers & Duties >> Zakat & Charity

    Question ID: 47510Country: Bangladesh

    Title: zakah for shares

    Question: How should I give zakah for shares that were purchased with the intention of receiving the annual dividend?

    Answer ID: 47510

    Bismillah hir-Rahman nir-Rahim !

    (Fatwa: 1254/H-300/TH=10/1434) You should know the amount of share and profit on the date on which zakah becomes wajib on you and then pay the zakah. But if there is some mistake, it can be paid later.

    Allah (Subhana Wa Ta'ala) knows Best

    Darul Ifta,

    Darul Uloom Deoband, India