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Zakat on Zakatable Portion of Company?

Last updated: 26th October 2023
Question ID: #9242
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If someone owns 50 shares at 1,000$ and they are investing for long term growth and to live on a small percent of the sale 3% (including dividend being about 1%) then is Zakat due on the Zakatable assets of the companies he is investing in or entire current value. Zakatable Assets = 50% Would option one be ok to calculate Zakat as I have heard from some scholars about this method but would like to check. 1) 50,000$ * 0.5 * 0.025 2) 50,000$ * 0.025

بسم الله الرحمن الرحيم

الجواب حامداومصليا

You calculate Zakat by using the rate 2.5%, 0.025.

And Allah knows best

17 Rajab 1445/ 28 January 2024

Answer last updated on:
28th January 2024
Answered by:
Ulamaa ID 04
Location: London