Zakah on shares
A: Zakah is due on the capital and the profit if a lunar year has passed (Part No. 9; Page No. 350) since you owned the capital. Zakah must be paid on the profit from the time of its origin, and you must pay the Zakah for the previous years by calculating the amount. As for the rest of the money, whoever has it should pay the Zakah on it for the years they have had it, and if they pay the Zakah on it before receiving the money, this is permissible and they will be rewarded for this.May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.
Zakah is due on the...
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