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Zakat On Mutual Fund Investment
I have some investment in mutual funds. I understand I am obligated to pay 10% zakat on income from mutual funds. Do I have the obligation to pay 2.5% Zakat on the amount invested in mutual funds (Principal amount) too in addition to 10% on income from mutual funds.
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1 Reply
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Zakat On Mutual Fund Investment
updated 3 months, 3 weeks ago
2 Members
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Yes. You have to pay the zakat on savings separately.
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