Is Zakât Owed on Stocks, Shares, and Bonds?
Yes. There are two major opinions regarding Zakât on such assets, both concurring that stocks, shares, and bonds are zakatable. Stocks and shares represent ownership of a certain part of the capital of a corporation. Bonds are certificates of a loan borrowed by a government or municipality from the bondholder. A bond is usually paid back at a future point in time with interest.
