Zakat FAQs (16/19)
Question
Do I have to pay Zakāt on shares?
Answer
The value of shares purchased to resell is Zakātable.
- Answered by
- Mufti Faraz al-Mahmudi
Fatawa SA is an independent, read-only index of fatawa already published by Jamiatul Ulama KZN. It is not a fatwa service. For your own situation, ask the issuing Darul Ifta directly.