What's the difference between zakat on trading stocks and investment stocks?
Trading stocks (frequent buying and selling for price-difference profit) are treated as trade goods: zakat is due on their full market value. Investment stocks (long-term holding) are only zakatable on the company's "zakatable base" (current assets), not the full market value, because part of the share's value represents fixed assets that aren't directly zakatable.
How do I find my stock's announced zakatable base?
Many companies listed on the Saudi Tadawul market officially announce the "zakatable base per share" within their annual financial reports or their investor relations page. If you can't find it, use the common estimated percentage as an alternative.
Why is the estimated percentage specifically 30%?
A common customary figure among Sharia advisors for estimating the zakatable current-asset share of a company's total value, since fixed assets usually represent 70%-75% of major public companies' assets. This is a customary approximation, not a precise jurisprudential text, and actually varies from company to company — so the base announced by the company itself is always more accurate.
Does this calculator check the nisab and hawl?
No, it's specialized in calculating zakat on stocks only. To find out whether your total zakatable money has actually reached the nisab and completed a full hawl, use the site's general zakat calculator and add the stock zakat amount produced here to the rest of your money.
