• Prayers & Duties >> Zakat & Charity

    Question ID: 162527Country: India

    Title: My name is Mustafa. Every Ramadan I calculate my zakah. But this time I invested some money in Mutual Fund. Should I calculate invested money, so how to calculate my zakah.

    Question: My name is Mustafa. Every Ramadan I calculate my zakah. But this time I invested some money in Mutual Fund. Should I calculate invested money, so how to calculate my zakah.

    Answer ID: 162527

    Bismillah hir-Rahman nir-Rahim !

    (Fatwa: 1332/1169/L=11/1439)

     

    Yes, you will have to include the amount of Mutual Fund while calculating your zakah.

    Allah (Subhana Wa Ta'ala) knows Best

    Darul Ifta,

    Darul Uloom Deoband, India