Zakah on shares


A: If the case is as you have mentioned then Zakah must be calculated according to the company's capital and the total profits after the passing of a Hawl (one lunar year calculated from the time a property reaches the minimum amount upon which Zakah is due) while being in the company's possession, even if the profits are in the form of unpaid debts.May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.


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