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How do I calculate zakah for shares bought for dividends?

Answered as per Hanafi Fiqh by Darulifta-Deoband.com
How should I give zakah for shares that were purchased with the intention of receiving the annual dividend?

بسم الله الرحمن الرحيم

(Fatwa: 1254/H-300/TH=10/1434)

You should know the amount of share and profit on the date on which zakah becomes wajib on you and then pay the zakah. But if there is some mistake, it can be paid later.

Allah knows Best!

Darul Ifta,
Darul Uloom Deoband

This answer was collected from the official ifta website of Darul Uloom Deoband in India.

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