Zakat on shares
The answers in full, and the detail on its own page.
What is the nisab today?
The nisab is a weight, not an amount: 85 grams of gold or 595 grams of silver. We turn it into an amount from the metal price we publish with its date, and you will find it worked out on the stock-zakat page.
Why do you show two rates?
A quarter of a tenth is measured over a lunar year. Anyone counting on the Gregorian calendar passes eleven extra days, so the rate is adjusted by the ratio of the two year lengths. We show both figures because the gap is real, and the choice is yours.
Do you compute dividend purification?
No. Purification needs the share of non-compliant income (interest) in the company's revenue, and that line is not available in our data source. An invented figure here is worse than its absence, so we name the reason instead of showing one.
What is on this page describes the service; it is not financial advice. The decision to buy or sell stays yours alone.
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