Two kinds of shareholder
| You hold shares… | Zakat |
|---|---|
| To sell (trading) | 2.5% of the market value on your zakat date |
| For dividends, company pays zakat | No further zakat on the shares, according to many contemporary scholars; dividends join your savings |
| For dividends, company doesn’t pay | 2.5% of your share of the company’s zakatable assets |
Example
A trader holding shares worth SAR 100,000 on their zakat date pays 2.5% = SAR 2,500.
Good to know
- Scholars differ on some details, such as whether a trader may deduct the zakat the company already paid for each share.
- Your total zakatable wealth (cash, gold, trade shares) must reach the nisab; see the zakat calculator and the gold nisab.
When in doubt, ask a scholar you trust about your situation.