FatwaPerlisZakat
Kiraan Zakat Saham Yang Didagangkan Di Pasaran Saham
How is zakat calculated on shares traded on the stock market?
Short answer
For actively traded shares, meaning there are buying and selling transactions within one haul, zakat is 2.5% of the net holding that exceeds the current nisab.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Perlis State Mufti Department
- Status
- Fatwa committee decision
- Series
- Himpunan Fatwa Negeri Perlis
- Topic
- Zakat
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
For actively traded shares, meaning there are buying and selling transactions within one haul, zakat is 2.5% of the net holding that exceeds the current nisab. The payer may choose between using the lowest share price in the year or the current share price, then adding trading profits or dividends and deducting necessary costs. For shares that are not actively traded, zakat is 2.5% on dividends only, as these are treated like zakat on income from fixed assets (al-Mustaghallat).
Written in our own words from the original fatwa — check the source before acting on it.
Bagi saham yang tidak didagangkan di pasaran secara aktif, maka pemiliknya boleh membayar kadar zakat berasas 2.5% atas dividen sahaja.
Read the full fatwa on the Perlis website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Perlis State Mufti Department. “Kiraan Zakat Saham Yang Didagangkan Di Pasaran Saham”, date not stated. https://muftiperlis.gov.my/index.php/himpunan-fatwa-negeri/93-kiraan-zakat-saham-yang-didagangkan-di-pasaran-saham. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/how-to-calculate-zakat-on-traded-shares/