Thursday 27 Rabi‘ at-akhir 1443 - 2 December 2021

How should zakaah be paid on investment accounts that contain both donated money and private funds?


Publication : 26-03-1999

Views : 5926


Islamic centers in the west often have investments (halal), mainly profits from joint partnerships and other non-share investments. Is zakah due on the profits of these investments and any other donations to the Islamic Center?
Jazak Allah.


Praise be to Allah.

This question was answered for us by Shaykh ‘Abd-Allaah ibn Qa’ood as follows:

The shareholders must pay zakaah on their own behalf, but no zakaah is due on the profits stemming from donations.

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Source: Islam Q&A - Sheikh Muhammed Salih Al-Munajjid