Is Zakat due on Sukuk al-Ijarah?

Q: Is Zakat due on Sukuk al-Ijarah?

A: Zakat is not due on the Sukuk certificates. Only the proceeds from this Sukuk certificate will be Zakatable as part of one’s Zakatable assets.

And Allah knows best!

Mufti Faraz Adam

Helping you bring Zakat
to life where you live.

GIVE ZAKAT APPLY FOR HELP

Is Zakat due on Sukuk al-Ijarah?

Q: Is Zakat due on Sukuk al-Ijarah?

Was this article helpful?

Related articles

Which business assets do I need to pay Zakat on?

Do you pay Zakat on metals?

Do you need to pay Zakat on property?

Zakat on pension and retirement plans

Can I deduct the monthly payment I make in an interest only mortgage?

What is Zakat

Helping you bring Zakat to life where you live.

Helping you bring Zakat
to life where you live.