February 1, 2025
7 mins
How Is Zakat Calculated on a Halal ETF Investment?
Answered by Shaykh Muhammad Carr Question How is zakat calculated on a halal ETF investment? For example, if an initial investment of $100,000 grows to $125,000, should zakat be paid on the profit alone ($25,000) or the entire investment value ($125,000)? Additionally, does the same ruling apply to RRSPs invested in ETFs? ِAnswer In the […]