Mufti Online — Madrasah Ta'leemuddeen

Zakaat on unit trust investments

· 15 Shaʻban 1436 AH1 min readEnglish

Question

When paying zakaat on unit trusts investments, does one pay on the original amount invested or the current value?

Answer

After studying the current balance sheet, one will pay on his proportionate amount of the current zakaatable assets in the company.

And Allah Ta'ala (الله تعالى) knows best.

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
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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: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/11095
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-11095

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