FatwaSarawakZakat
HUKUM BERKENAAN ZAKAT MATA WANG KRIPTO DAN ASET DIGITAL SERTA KAEDAH PENTAKSIRANNYA
Is zakat obligatory on cryptocurrency and digital assets, and how is it assessed?
Short answer
The Sarawak Fatwa Council ruled that zakat on cryptocurrency and digital assets is obligatory, as they fall under wealth that has value.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Sarawak State Mufti Department
- Status
- Fatwa committee decision
- Series
- Info Fatwa
- Topic
- Zakat
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
The Sarawak Fatwa Council ruled that zakat on cryptocurrency and digital assets is obligatory, as they fall under wealth that has value. The ruling is limited to assets traded on digital asset exchanges registered with the Securities Commission Malaysia. Assets classed as trade goods are assessed by analogy with zakat on trade goods, while those classed as currency are assessed by analogy with zakat on currency.
Written in our own words from the original fatwa — check the source before acting on it.
Hukum zakat ke atas mata wang kripto dan aset digital adalah wajib sebagaimana berikut:
Read the full fatwa on the Sarawak website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Sarawak State Mufti Department. “HUKUM BERKENAAN ZAKAT MATA WANG KRIPTO DAN ASET DIGITAL SERTA KAEDAH PENTAKSIRANNYA”, date not stated. https://muftinegeri.sarawak.gov.my/web/subpage/fatwa_list/#hukum-berkenaan-zakat-mata-wang-kripto-dan-aset-digital-serta-kaedah-pentaksirannya. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/zakat-on-cryptocurrency-and-digital-assets/