FatwaSelangorZakat
Pembayaran Zakat Oleh Syarikat Pengurus Dana Saham Amanah (Unit Trust)
What is the basis and rate of zakat on unit trust funds managed by a unit trust management company?
Short answer
This Selangor fatwa states that zakat on unit trust funds is imposed on the basis that the investment is treated as trade goods (urudh tijarah).
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Selangor State Mufti Department
- Status
- Gazetted
- Series
- Keputusan Fatwa Diwartakan
- Topic
- Zakat
Gazette evidence in the source: Sel. P.U. 46
Summary
This Selangor fatwa states that zakat on unit trust funds is imposed on the basis that the investment is treated as trade goods (urudh tijarah). The zakat payable is at the rate of 2.5 percent. The gazetted text of 2011 does not set out further detailed conditions.
Written in our own words from the original fatwa — check the source before acting on it.
Pengenaan zakat terhadap dana saham amanah (Unit Trust) adalah berasaskan pelaburan sebagai Urud Tijarah.
Read the full fatwa on the Selangor website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Selangor State Mufti Department. “Pembayaran Zakat Oleh Syarikat Pengurus Dana Saham Amanah (Unit Trust)”, date not stated. https://www.muftiselangor.gov.my/2023/10/28/pembayaran-zakat-oleh-syarikat-pengurus-dana-saham-amanah-unit-trust/. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/zakat-unit-trust-management-company-selangor/