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
Questions about this ruling, answered only from the archive with sources.
Where scholars differ, it’s safer to take the more cautious view.
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Source: Jamiatul Ulama KZN — https://jamiat.org.za/zakat-faqs/
Fatawa SA: https://fatawa.co.za/fatwa/jamiat-16632-16
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