JUG-2026-537YBQS6QH
Zakat on money placed in a mutual fund investment
Question
Is zakat due on money placed in a mutual fund investment?
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Answer
*Wa alikumus salaam.* A short answer to your question is: yes, you will be required to pay zakaat on the amount invested if it amounts to nisaab or more.
Answered byMufti SajidAuthorized Scholar
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