Zakah on the principal and its profits

Q: I have an investment account at the Islamic Gulf Investment Company according to the contract of Dar Al-Maal Al-Islami Trust (DMI) belonging to the private offices of His Royal Highness Prince Muhammad Al-Faysal. The company deposits the profits to my account each year.Should I pay Zakah (obligatory charity) on the principal amount I deposited in my account? Or should I pay Zakah on the annual profits, without the principal, upon the passage of a Hawl (one lunar year calculated from the time a property reaches the minimum amount upon which Zakah is due)? Or should I pay Zakah from the deposited money, the principal and the profits added to the principal upon the passage of a Hawl? It is to be noted that the officials in the abovementioned companies told me that Zakah should be paid on the annual profits without the principal. I would like Your Eminence to give me a clear and comprehensive answer. May Allah reward you with the best. A: It is Wajib (obligatory) on you to pay Zakah for both the principal and its profits upon the completion of a Hawl on the first. The Hawl for the profits is the same as the Hawl for the principal. (Part No. 8; Page No. 177

A: It is Wajib (obligatory) on you to pay Zakah for both the principal and its profits upon the completion of a Hawl on the first. The Hawl for the profits is the same as the Hawl for the principal. (Part No. 8; Page No. 177) May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.