- For this case, zakat is calculated at 2.5% of the disposal gain i.e. the sale value plus current balance of Trust Account minus transaction costs.
- This calculation shall not include borrowed shares.
- Example:
| Date of purchase / Sale of Shares Y | 10 Jan 2020 / 20 Jan 2020 |
| Haul | n.a. |
| Number of shares owned | 50,000 units |
| Purchase Value | RM1.50 |
| Sale Value | RM1.70 |
Zakat on shares Y payable:
= ([RM1.70 - RM1.50] x 50,000 units) + RM 10,000.00 – RM 150.00
= RM19,850 x 2.5%
= RM 496.25
Zakat is payable subject to meeting applicable nisab requirements of the respective zakat authorities.
Reference: Zakat Saham