Shares and funds
Zakat al-maal on shares and funds
Two ways to count shares, depending on why you hold them.
Zakat al-maal on shares
It depends why you hold them. Shares bought to sell on are counted like trading stock, at their full market value on your zakat day.
You can give your zakat through DonateOpenly, with every payment shown in the open. See the biggest Muslim charities in the UK and what they spend.
Two ways to count shares for zakat al-maal
| You hold them | What counts | Why |
|---|---|---|
| To trade | Full market value | Goods held for sale (Muwatta Malik, Book 17, no. 19) |
| To keep, for dividends | Your share of the company’s zakatable assets, or many simply count a set share of the value | AAOIFI Shari’ah Standard 35 |
Funds and stocks and shares ISAs follow the same split: look at what is inside. Unsure which applies? Count the full value, or ask your scholar.
Before you count
Dividends
Paid out and saved, they join your cash.
Workplace share plans
Shares you own outright count; options you cannot yet use are a question for a scholar.