Is Zakaat payable on unit trusts and if so at current value or value when purchased?

A:

Zakaat is payable on the current market value of unit trusts.

 




Mufti Shafiq Jakhura
Iftaa Department, Darul Ihsan Islamic Services Centre
 
I concur with the answer:
Mufti Zubair Bayat

Ameer, Darul Ihsan Islamic Services Centre