Fatwa Library
The SGT Fatwa Library brings together verified Islamic rulings on Zakat for modern assets — cryptocurrency,
stocks and shares, pension and GPF funds, real estate, and debts and loans. Each fatwa cites its Quran,
Hadith, and scholarly references so you can apply the ruling with confidence, and every entry is available
in six languages — বাংলা, English, العربية, اردو, Bahasa Indonesia and हिन्दी. Use the language buttons
above and the filters below, then open any entry to read the full ruling and the evidence behind it.
Debts & Loans
Do Debts Reduce My Zakat?
My savings exceed nisab but I also carry a large debt. Do I deduct the debt before calculating zakat, or pay on all my savings?
Short answer: The weightier evidence-based view: you pay zakat on the nisab-level wealth in your hands despite owing debt; debt does not block zakat. Many scholars did allow deducting what is currently due for payment (…
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Quran: Quran 9:103• Hadith: Sahih al-Bukhari 1395• Fiqh: al-Uthaymin; Ibn Baz
Cryptocurrency
Zakat on Lost or Inaccessible Crypto
My wallet key is lost / my funds are stuck in a collapsed exchange with uncertain recovery. Is zakat due on this?
Short answer: While the asset is genuinely outside your control with uncertain recovery, no zakat is due — it takes the ruling of māl ḍimār (inaccessible wealth). Upon recovery a fresh hawl begins, and zakat is paid aft…
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Quran: Quran 2:286• Hadith: Ibn Majah 1792, sahih per al-Albani• Fiqh: al-Uthaymin; Permanent Committee on māl ḍimār
Cryptocurrency
Zakat on Stablecoins (USDT/USDC)
I keep savings in dollar-pegged stablecoins. Are they treated like other crypto or like cash dollars?
Short answer: Stablecoins are effectively digital dollars and take the ruling of cash currency. Once nisab and hawl are met, 2.5% zakat is obligatory on the full value — there is no real scholarly hesitation here since …
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Quran: Quran 9:34-35; 2:275• Hadith: Muslim 987; Bukhari 1454• Fiqh: Ibn Baz; Permanent Committee on fiat currency
Cryptocurrency
Zakat on Staking and Mining Rewards
I receive new coins from staking rewards or mining. Do I pay zakat on them immediately or after a year?
Short answer: Not immediately. Rewards join your total monetary wealth, and paying 2.5% on whatever you hold on your fixed annual zakat day discharges the duty — the simplest and safest method.
Details: Wealth gained m…
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Quran: Quran 9:103; 2:275• Hadith: Ibn Majah 1792, sahih per al-Albani• Fiqh: al-Uthaymin on periodic income
Cryptocurrency
Zakat for an Active Crypto Trader?
I trade actively — swapping coins frequently with gains and losses. What exactly do I pay zakat on?
Short answer: A trading portfolio takes the ruling of trade goods (ʿurūḍ at-tijārah) — on your zakat day, pay 2.5% of the whole portfolio's market value plus accumulated trading cash. You do not account for every mid-ye…
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Quran: Quran 2:267• Hadith: Sahih al-Bukhari 1454• Fiqh: Permanent Committee; Ibn Baz; al-Uthaymin
Cryptocurrency
How to Calculate Nisab and Hawl for Crypto?
Crypto prices fluctuate all year. Which day's price counts, what nisab applies, and how is the hawl counted?
Short answer: What counts is the market value on the day your hawl completes; mid-year fluctuations are irrelevant. The nisab is the value of 87.48 g of gold or 612.36 g of silver — using the lower (usually silver) is t…
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Quran: Quran 9:36; 2:189• Hadith: Bukhari 1405, 1454; Muslim 979• Fiqh: Permanent Committee; al-Uthaymin
Cryptocurrency
Is Zakat Obligatory on Cryptocurrency?
I hold Bitcoin and some other cryptocurrencies. Is zakat due on them?
Short answer: Yes. Cryptocurrency functions as a medium of exchange and a store of value, so it takes the ruling of currency/trade wealth. When its market value reaches the nisab and a lunar year (hawl) passes, 2.5% zak…
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Quran: Quran 9:103• Hadith: Bukhari 1454; Ibn Majah 1792• Fiqh: Ibn Baz & al-Uthaymin on currency zakat