2 Methods · Investor & Trader · PSX, NYSE, LSE · 2026
Zakat on Stocks & Shares
Calculator 2026
Calculate Zakat on your stock portfolio, mutual funds and ETF holdings using both the Zakatable Assets Method and the Net Assets Method. Whether you're a long-term investor or active trader, get your exact 2.5% Zakat obligation in PKR, USD, GBP, INR, SAR and more.
📊 2 Scholarly Methods
📈 PSX, NYSE, LSE
🏦 Mutual Funds & ETFs
🌍 8 Currencies
📊 Two Valid Scholarly Methods
Scholar-Verified
1
Zakatable Assets Method
Calculate your share of the company's zakatable assets (cash, receivables, inventory). Most precise — requires company balance sheet data.
2
Net Assets (CRI) Method
Pay 2.5% on Net Asset Value per share × your shares. Simpler alternative — widely used for listed companies & mutual funds.
3
Trader Method (Full Value)
For active traders — pay 2.5% on full current market value of your portfolio. Same as trading stock/inventory.
🥈 Silver Nisab (Hanafi)PKR 445,253
🎓 Scholar-Verified
📊 3 Calculation Methods
🏦 Stocks, Funds & ETFs
🔒 No Data Stored
🚫 No Donation Pressure
📈 Stocks & Shares Zakat Calculator
Choose your method · enter values · get exact Zakat
All Methods
🌍 Currency
📖 Nisab Standard
📊Zakatable Assets Method: From the company's annual report, find cash, trade receivables and inventory. Divide by total shares to get zakatable value per share. Multiply by your shares held and pay 2.5%.
📋 Company Zakatable Assets (from Annual Report)
Company Cash & Bank Balances (from balance sheet)
PKR
Trade Receivables / Debtors (money owed to the company)
PKR
Inventory / Stock in Trade (goods held for sale)
PKR
📈 Your Shareholding
Total Company Shares Issued
Your Shares Held
Dividends Received (This Year) (add to zakatable wealth)
PKR
📋Net Assets (CRI) Method: Use the company's Net Asset Value (NAV) per share. Multiply NAV per share by your shares held. Pay 2.5% on the resulting amount. Simpler than the detailed assets method.
📊 Net Asset Value
Net Asset Value (NAV) Per Share (from annual report or fund factsheet)
PKR
Number of Shares / Units You Hold
Dividends Received (This Year) (include in zakatable wealth)
PKR
Any Debts Related to This Investment (margin loans etc — due within 12 months)
PKR
💡If NAV per share is not available, use Book Value per share from the company's annual report as an approximation. For mutual funds, NAV is published daily on the fund manager's website.
⚡Trader Method: If you actively buy and sell shares for short-term profit (trading), your entire portfolio is treated as trading stock. Pay 2.5% on the full current market value of all shares held on your Hawl date.
📈 Your Trading Portfolio (Current Market Value)
PSX Stocks (Total Market Value Today) (Pakistan Stock Exchange)
PKR
Foreign Stocks (NYSE, LSE, NSE etc) (convert to your selected currency)
PKR
Other Securities / Derivatives Value
PKR
Dividends & Capital Gains Received (this Hawl year)
PKR
Margin Loans / Debts (deducted — due within 12 months)
PKR
🏦Mutual Funds & ETFs: For equity funds, use the fund's NAV and apply the Net Assets method. For money market & Islamic fixed income funds, the full NAV is zakatable as a cash equivalent.
📊 Equity / Stock Funds (NAV Method)
NAV Per Unit (from fund manager's website or factsheet)
PKR
Number of Units You Hold
💵 Money Market / Islamic Income Funds
Total Current Value (100% zakatable as cash equivalent)
PKR
📥 Other Fund Income
Dividends & Distributions Received
PKR
Your Stocks Zakat Due
PKR 0
📊 Zakatable Amount
—
Net zakatable wealth
💰 Zakat = 2.5%
—
Your obligation
Gross Assets Value
—
Debts Deducted
—
Net Zakatable
—
Nisab Threshold
—
⚠️ This is an estimate. Stock Zakat rulings can be complex — consult a qualified Islamic scholar or your company's Shariah board. Disclaimer · Zakat FAQs · Full Zakat Calculator
📊 Today's Nisab Threshold
Manually verified prices
🥈 Silver Nisab
PKR 445,253
612.36g · Hanafi
🥇 Gold Nisab
PKR 37,83,750
87.48g · Shafi'i etc.
🧭 Which Method Should I Use?
📊 Zakatable Assets Method
Best for: Long-term investors in single companies who can access the annual report. Most precise and widely accepted by scholars.
📋 Net Assets (CRI) Method
Best for: Investors in listed companies or mutual funds where NAV per share/unit is easily available. Simple and accurate.
⚡ Trader Method (Full Value)
Best for: Active traders who buy and sell frequently for short-term profit. Pay 2.5% on full portfolio market value — most conservative approach.
How to Use This Calculator
1
Choose Your MethodSelect the tab that matches your situation — Zakatable Assets, Net Assets, Trader or Funds.
2
Get Company DataFor Zakatable Assets method, open the company's annual report and find cash, receivables and inventory.
3
Enter Your HoldingsInput your share count, NAV, or market value depending on the selected method.
4
Get Your ZakatWe check against Nisab and show your exact 2.5% obligation instantly.
Related Calculators
Complete Guide
Is Zakat Due on Stocks & Shares? — The Complete 2026 Answer
Yes — Zakat is obligatory on stocks, shares, mutual funds and ETFs if their value meets or exceeds the Nisab threshold and has been in your possession for one full lunar year (Hawl). The vast majority of contemporary Islamic scholars and bodies — including the AAOIFI, the Islamic Fiqh Academy and the Accounting Standards Board — have confirmed this position.
However, unlike cash or gold where you simply pay 2.5% of the total value, stock Zakat has nuance. The method depends on whether you are a long-term investor or an active trader, and requires some data from the company's financial statements.
The Three Methods for Calculating Stock Zakat
Method 1 — Zakatable Assets Method (Most Precise)
Your Share of Zakatable Assets = (Cash + Receivables + Inventory) ÷ Total Shares × Your Shares
Zakat = Your Zakatable Share × 2.5%
Zakat = Your Zakatable Share × 2.5%
📊 Worked Example — PSX Listed Company (PKR)
Company Cash (from Balance Sheet)PKR 500,000,000
Trade ReceivablesPKR 200,000,000
InventoryPKR 150,000,000
Total Zakatable AssetsPKR 850,000,000
Total Shares Issued100,000,000
Zakatable Value per SharePKR 8.50
Your Shares: 5,000 × PKR 8.50PKR 42,500
Zakat Due (2.5%)PKR 1,063
What Stocks Are Permissible (Halal) for Investment?
Before calculating Zakat, it is important to ensure your investments are in Halal companies. Shariah screening typically excludes companies with impermissible primary businesses and those with excessive interest-bearing debt or income from prohibited sources.
✅
Halal — Invest & Pay ZakatTechnology, manufacturing, retail, healthcare, food (halal), real estate, logistics, telecoms, utilities.
🚫
Haram — Not PermissibleConventional banks, alcohol, tobacco, pork, gambling, weapons, pornography, interest-based insurance.
⚠️
Conditional — Needs ScreeningCompanies with incidental haram revenue <5%, or high debt ratios. Check AAOIFI screens or Shariah board opinions.
🏦
Islamic Finance StocksIslamic banks, takaful companies, sukuk issuers — fully permissible and zakatable at standard rates.
Stock Zakat by Country — Nisab Reference 2026
| Exchange | Currency | Silver Nisab | Gold Nisab | Zakat Rate |
|---|---|---|---|---|
| 🇵🇰 PSX — Pakistan | PKR | PKR 445,253 | PKR 37,83,750 | 2.5% |
| 🇮🇳 NSE/BSE — India | INR | ₹1,45,607 | ₹12,55,485 | 2.5% |
| 🇺🇸 NYSE/NASDAQ — USA | USD | $1,596 | $13,570 | 2.5% |
| 🇬🇧 LSE — UK | GBP | £1,150 | £9,963 | 2.5% |
| 🇸🇦 Tadawul — Saudi | SAR | SAR 5,866 | SAR 50,826 | 2.5% |
| 🇲🇾 Bursa — Malaysia | MYR | MYR 6,146 | MYR 58,050 | 2.5% |
| 🇦🇪 DFM/ADX — UAE | AED | AED 7,025 | AED 50,476 | 2.5% |
📅
When Does the Hawl Start for Stocks?
Your Hawl begins the date your total wealth (including stock value) first reached or exceeded the Nisab. If you continuously hold stocks throughout the year and your total wealth remains above Nisab, Zakat is due on your Hawl anniversary. Many investors pay on Ramadan 1st for convenience — this is accepted by scholars.
📉
Market Value vs Zakatable Value
Key distinction: For long-term investors, you do NOT pay 2.5% on the full market price of shares. You pay only on the zakatable underlying assets (cash, receivables, inventory) — which is usually a fraction of the market price. For traders, however, the full market value applies. This makes investor Zakat significantly lower than most people assume.
🏦
Mutual Funds — Simplified Zakat
Many Islamic mutual fund managers (like Meezan Bank, Al Meezan, etc.) publish a Zakat per unit figure annually. If your fund does this, simply multiply Zakat per unit by your units — no need to calculate manually. Check your fund manager's Ramadan communication or annual report for this figure.
Crypto Zakat calculator →📈 Example Zakat by Portfolio Size
🇵🇰
PKR 5 Lakh portfolio
Zakatable assets ~30% of portfolio
PKR 3,750Zakat (2.5% of zakatable)
🇵🇰
PKR 10 Lakh portfolio
Trader method (full value)
PKR 25,000Zakat (2.5% full value)
🇺🇸
$50,000 US portfolio
Zakatable assets ~25% of portfolio
$312.50Zakat (2.5% of zakatable)
🇬🇧
£10,000 LSE portfolio
Net Assets (NAV) method
£250Zakat (2.5% of NAV)
🇸🇦
SAR 50,000 Tadawul
Zakatable assets method
SAR 375Zakat (2.5% of ~30%)
Scholarly Methods
Three Valid Methods for Stock Zakat
All three methods are accepted by contemporary Islamic scholars. The right choice depends on whether you invest for the long term or trade actively.
📊 Zakatable Assets Method
AAOIFI · Islamic Fiqh Academy · Most precise · Widely endorsed
📋 Most Accurate for Investors
This method identifies the zakatable underlying assets of the company proportional to your shareholding. From the company's annual report, extract total cash and bank balances, trade receivables and inventory. Divide the total of these three by total shares outstanding to get the zakatable value per share. Multiply by your shares. If above Nisab (combined with all other wealth), pay 2.5%.
Why only these assets? Fixed assets (machinery, buildings), long-term investments and intangibles are not zakatable as they are not liquid or trade goods.
Why only these assets? Fixed assets (machinery, buildings), long-term investments and intangibles are not zakatable as they are not liquid or trade goods.
📊 Zakatable Assets per Share Calculation
Cash + Receivables + InventoryPKR 850M
÷ Total Shares Issued100M shares
Zakatable Value per SharePKR 8.50
× Your 5,000 SharesPKR 42,500
Zakat (2.5%)PKR 1,063
📋 Net Assets (CRI) Method
Contemporary scholars · Simpler alternative · Common for listed stocks
⚡ Simple & Widely Used
The Net Assets Method (also called the CRI — Current Market Rate Indicator method) uses the company's Net Asset Value (NAV) per share — total assets minus total liabilities, divided by shares outstanding. Multiply NAV per share by your shares held and pay 2.5% of the result.
This method is simpler than the Zakatable Assets Method but tends to produce a higher Zakat amount since it includes all net assets, not just the liquid zakatable ones. It is commonly used for mutual funds where NAV per unit is published daily.
This method is simpler than the Zakatable Assets Method but tends to produce a higher Zakat amount since it includes all net assets, not just the liquid zakatable ones. It is commonly used for mutual funds where NAV per unit is published daily.
📊 Net Assets Method Calculation
NAV Per Share (from Annual Report)PKR 45.00
× Your 5,000 SharesPKR 225,000
Net Zakatable WealthPKR 225,000
Zakat (2.5%)PKR 5,625
⚡ Trader Method (Full Market Value)
For active traders · Same as trading inventory · Most conservative
📈 For Active Traders
If you actively buy and sell stocks for short-term profit, your portfolio is treated like trading inventory — the most conservative approach. Pay 2.5% on the full current market value of all shares held on your Hawl date, regardless of their underlying asset composition.
When does this apply? If you trade frequently (weekly or monthly), buy stocks primarily to sell at a profit quickly, or if you do not know the underlying company financials at all. Many scholars advise using this method as the default for safety if you are unsure which method applies to you.
When does this apply? If you trade frequently (weekly or monthly), buy stocks primarily to sell at a profit quickly, or if you do not know the underlying company financials at all. Many scholars advise using this method as the default for safety if you are unsure which method applies to you.
📊 Trader Method Calculation
Current Market Price per SharePKR 120
× Your 5,000 SharesPKR 600,000
+ Dividends & Capital GainsPKR 15,000
Total Zakatable (Full Value)PKR 615,000
Zakat (2.5%)PKR 15,375
🏦 Mutual Funds & ETFs
Equity funds · Money market funds · Islamic unit trusts
📊 Fund-Specific Approach
Mutual funds and ETFs require fund-type-specific treatment. Halal equity funds — use NAV per unit and apply the Net Assets method (2.5% of NAV × units held). Islamic money market & income funds — the full NAV is zakatable as a cash equivalent. Balanced / mixed funds — apply the zakatable assets method using the fund's portfolio allocation.
Many Islamic fund managers (Meezan, Al Meezan, Faysal, UBL Ameen) publish an official Zakat per unit figure — use this if available for maximum accuracy.
Many Islamic fund managers (Meezan, Al Meezan, Faysal, UBL Ameen) publish an official Zakat per unit figure — use this if available for maximum accuracy.
📊 Fund Zakat (NAV Method)
NAV Per Unit (e.g. Meezan Fund)PKR 85.50
× Your 10,000 UnitsPKR 855,000
+ Distributions ReceivedPKR 12,000
Total ZakatablePKR 867,000
Zakat (2.5%)PKR 21,675
Frequently Asked Questions
Stocks & Shares Zakat FAQs
Answers to the most commonly asked questions about calculating Zakat on stocks, shares, mutual funds and investment portfolios.
Is Zakat due on stocks and shares?
+
Yes, Zakat is obligatory on stocks and shares if your total zakatable wealth (including the zakatable portion of your stocks) equals or exceeds the Nisab threshold and has been in your possession for a full lunar year (Hawl). The majority of contemporary Islamic scholars — including AAOIFI and the Islamic Fiqh Academy — have confirmed this position. The method of calculation differs depending on whether you are a long-term investor or an active trader.
How do I find the zakatable assets of a listed company?
+
You need the company's most recent annual report or audited financial statements. In the Balance Sheet, look for: (1) Cash and Cash Equivalents (all bank and cash holdings), (2) Trade Receivables / Debtors (money owed to the company by customers), (3) Inventories / Stock in Trade (goods held for sale). Add these three figures, divide by total shares outstanding, and multiply by your shares. For PSX companies, annual reports are available on the PSX website and company investor relations pages.
Am I an investor or a trader for Zakat purposes?
+
The distinction depends on your primary intention: Investor: You buy shares for long-term capital appreciation, dividends, or ownership stake. You hold shares for months or years and rarely trade. Use the Zakatable Assets or Net Assets method. Trader: You buy shares primarily to sell at a profit in the short term (days, weeks, or a few months). You trade frequently and monitor markets daily. Use the Trader Method (2.5% on full market value). If you are unsure, most scholars advise using the Trader Method as the more cautious approach.
Is Zakat due on mutual funds and ETFs?
+
Yes, Zakat is due on Halal mutual funds and ETFs. For Islamic equity funds, apply the Net Assets method using NAV per unit. For Islamic money market funds, the full value is zakatable as a cash equivalent. Many Islamic fund managers in Pakistan (Meezan, Al Meezan, UBL Ameen, Faysal AM) publish an official Zakat per unit figure annually — use this for maximum accuracy. For non-Shariah-compliant funds, you should first purify any haram income before calculating Zakat.
Do I pay Zakat on stock dividends?
+
Yes. Dividends received are part of your zakatable wealth. Add any dividends received during the Hawl year to your cash and savings when calculating your overall Zakat. Under the Zakatable Assets Method, dividends are already partially reflected in the company's cash holdings. Under the Trader Method, dividends and capital gains received are added to the portfolio value. Always include dividends in your total zakatable wealth calculation.
What if my stocks have lost value? Zakat on unrealised losses?
+
Zakat is calculated on the current market value (or zakatable assets value) of your shares on your Hawl date — not the price you paid. If your stocks have declined in value, you calculate Zakat on the lower current value. If your total portfolio has dropped below the Nisab threshold, no Zakat is due at all. Unrealised losses reduce your Zakat obligation — you are not penalised for paper losses. However, you also do not deduct unrealised losses from other zakatable wealth unless your total net wealth is below Nisab.
Can I deduct margin loans or investment debts before calculating stock Zakat?
+
Yes — debts directly related to your investments that are due within 12 months may be deducted from your zakatable stock value. This includes margin financing from your broker, personal loans taken specifically to invest, and any other immediate liabilities tied to the investment. However, the deduction should not exceed the zakatable value of the investment itself. Long-term investment loans may only have the current year's instalment deducted, not the full outstanding balance.
Are haram stocks (alcohol, banking, tobacco) still zakatable?
+
If you hold shares in haram companies, most scholars advise that you should liquidate these investments as soon as practically possible. However, while you still hold them, Zakat is still due on their current market value — you cannot avoid the Zakat obligation by claiming the investment is impermissible. Additionally, any income (dividends, capital gains) from haram investments must be donated entirely to charity without seeking reward, and cannot be counted as part of your own wealth after Zakat.
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