Zakát – Stocks that you’re a partner of, but not the owner


As-salámu ‘alaykum,

I’m a student who doesn’t currently have a job, but I have a two shares in a renewable energy company w/ a total value of $1.8k + I’m a joint owner in my grandma’s stock ($68k), but don’t receive any payments, what is my zakát?


As-Selamu ‘Aleykum,

Zakat will only become payable when money from the fund is paid out and received by the contributor.

Imam Senad Agić
SABAH – Chicago
9920 Grand Ave
Franklin Park IL 60131


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