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.
Stocks & Shares
Zakat on Foreign Stocks and Multi-Currency Portfolios
My wealth spans US stocks, a dollar account and local shares. In which currency and at what rate do I reckon zakat?
Short answer: Convert everything into one currency (normally your home currency) at the prevailing exchange rate of your zakat day and add it all up. If the total exceeds nisab, pay 2.5% — in any currency, so long as th…
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Quran: Quran 9:103• Hadith: Bukhari 1454; Muslim 1587• Fiqh: Permanent Committee; Ibn Baz on currencies
Stocks & Shares
Zakat on Bonus and Rights Shares
The company issued me bonus shares, and I have also applied and paid for a rights issue. How do I reckon zakat on these?
Short answer: (1) Bonus shares follow the parent holding — nothing separate to do; in a trading portfolio, pay 2.5% of the total market value (bonus included) on your zakat day; in a long-term holding, use the long-term…
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Quran: Quran 2:267• Hadith: Sahih al-Bukhari 1454• Fiqh: Permanent Committee; al-Uthaymin
Stocks & Shares
Zakat on Sukuk and Conventional Bonds
I invested in government sukuk and earlier bought some conventional bonds/debentures. What are the rulings and zakat for each?
Short answer: (1) Genuinely asset-backed sukuk (ownership in real assets/projects with true profit-and-loss sharing): permissible; zakat — at market value (2.5%) if held to trade, or via the underlying zakatable assets/…
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Quran: Quran 2:275, 2:279• Hadith: Sahih Muslim 1598• Fiqh: AAOIFI; Islamic Fiqh Academy Jeddah
Stocks & Shares
Zakat on Investments in a Minor Child's Name
I invest in my child's name for his future — genuinely gifted to him. Is zakat due on a minor's wealth, and who pays it?
Short answer: Yes — per the majority (Malik, ash-Shafiʿi, Ahmad; also the fatwa of Ibn Baz and al-Uthaymin), zakat is due on the wealth of minors and the insane, because zakat is a right attached to the wealth itself — …
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Quran: Quran 9:103• Hadith: Bukhari 1395; athar of Umar, Muwatta• Fiqh: majority; Ibn Baz; al-Uthaymin
Stocks & Shares
May Zakat Be Paid in Shares?
Cash is tight but I hold shares. May I discharge zakat by transferring shares of equal value?
Short answer: Permissible when the full value reaches the recipient and actually benefits him — for money/trade-goods zakat, equivalent value is what counts. Conditions: (1) the recipient can receive and sell shares and…
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Quran: Quran 9:103• Hadith: Bukhari 1395, 1428• Fiqh: Permanent Committee; al-Uthaymin on paying by value
Stocks & Shares
Futures, Options and Short Selling
My broker offers futures, options and short selling. Are they permissible? And what of zakat on money in such positions?
Short answer: Evidence-based scholars and fiqh academies have ruled: (1) short selling — selling what you do not own — falls under the express prohibition of the hadith: impermissible. (2) Conventional futures/options —…
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Quran: Quran 5:90• Hadith: Abu Dawud 3503; Muslim 1513• Fiqh: Islamic Fiqh Academy Jeddah; contemporary scholars
Stocks & Shares
Zakat on a Portfolio in Loss
I bought shares for 10 lakh, now worth 6 lakh. I am at a loss — is zakat still due, and on what?
Short answer: Yes — a loss does not waive zakat; but the reckoning uses today's actual market value (6 lakh), not your cost. Whatever the portfolio is worth on your zakat day is zakated at 2.5%, provided your total weal…
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Quran: Quran 2:286; 9:103• Hadith: Sahih al-Bukhari 1454• Fiqh: Permanent Committee; Ibn Baz on market valuation
Real Estate
Gifting Property to Children: Justice and Zakat
I want to distribute land and flats among my children during my lifetime. What are the shariah rules, and who bears zakat after the gift?
Short answer: (1) Lifetime gifts to children are valid — but justice (equality) among sons and daughters is obligatory: the Prophet ﷺ refused to witness a favoured gift, calling it injustice. (2) A gift takes effect wit…
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Quran: Quran 4:11• Hadith: Bukhari 2587; Muslim 1623• Fiqh: majority on equality in gifts to children
Real Estate
Zakat on Property Sale Proceeds
I sold ancestral land for a large sum — part will buy another flat, the rest sits in the bank. From when is zakat due on it?
Short answer: Since the land was not trade goods (ancestral/personal), the hawl on its price starts on the sale day — zakat falls due when the money completes a lunar year in your hands or bank. Whatever buys the flat o…
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Quran: Quran 9:103• Hadith: Ibn Majah 1792; Bukhari 1454• Fiqh: al-Uthaymin; Permanent Committee
Real Estate
Zakat on Commercial Farms (Fish, Poultry, Cattle Fattening)
I run a fish enclosure, poultry sheds and a cattle-fattening farm for Eid season. Is zakat here reckoned by the livestock nisabs (30 cattle, 40 goats)?
Short answer: No — the special livestock tables (a tabiʿ per 30 cattle, etc.) apply to sāʾimah animals: those grazing freely most of the year, kept for milk and breeding. Farm fish, poultry and fattening cattle raised o…
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Quran: Quran 2:267• Hadith: Bukhari 1454, 1464• Fiqh: majority; Permanent Committee on fed/trade animals
Real Estate
Zakat on Waqf Property
Part of our family land is waqf for a mosque-madrasa; a waqf shop's rent goes to the madrasa. Is zakat due on waqf assets?
Short answer: Property made waqf for public/religious benefit (mosque, madrasa, the poor) — and its income — carries no zakat: upon dedication it leaves private ownership and is held for Allah, while zakat presupposes a…
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Quran: Quran 3:92• Hadith: Bukhari 2737; Muslim 1632, 1631• Fiqh: majority; Permanent Committee on waqf
Real Estate
Zakat on Inherited Land and Houses
I inherited land and houses — some idle, some rented; selling comes up now and then. What is the zakat position?
Short answer: Inherited real property carries no zakat on its value — it is not trade goods, since you neither bought it nor formed a trade intent. Zakat arises through: (a) accumulated rent (cash rules); (b) ushr on cr…
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Quran: Quran 4:11-12• Hadith: Bukhari 1464, 2452• Fiqh: Permanent Committee on inherited property