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The question

Is Zakat obligatory on shares if the value of their Zakat is equal to three-quarters of their annual profits?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

Zakat is obligatory on the value of shares, in addition to their profits, if their value reaches the nisab and a year has passed over them. One-quarter of one-tenth (2.5%) of the total is then to be given, provided that the profits are lawful. However, if the profits are usurious, they must be disposed of by spending them on charitable causes, and Zakat is then to be paid only on the value of the shares.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
40057
Imported
Translation status
Source text, unreviewed
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