How to calculate the amount of Zakah due on companies shares?
If the company pays Zakah, it will calculate its amount as an ordinary person would do. Zakah will be calculated according to the nature and type of possessions. If the company does not pay Zakah, a shareholder must pay Zakah due on his shares by following any of these two methods: If one buys his shares for trade purposes, Zakah is due at a rate of 2.5% of their market value as followed when calculating Zakah due on commercial goods. If one buys shares in order to make use of their annual revenues, Zakah is calculated as follows: a- If one can know from the company the amount of Zakah due on his shares, Zakah is to be given at a rate of 2.5%. b- If he cannot know, there are two different opinions: 1. The majority of scholars hold that the shareholder should add the revenues of his shares to the rest of his possessions and give Zakah at a rate of 2.5% on all his money. 2. Some other scholars hold that he should give 10% of the total revenues after receipt as followed in calculating Zak
