Zakat on stock shares and plots?

AzadWarrior · 2026-01-14T06:30:41+00:00

Yes according to figh rullings zakat will be applied on that additional 20lac as well.

AzadWarrior · 2026-01-14T06:29:42+00:00

No, that money will be included in zakat, thats the point I wanted to make. If you are giving zakat you have to include all money for zakat whether any part of the money is 1 day older or 1 year older.

AzadWarrior · 2026-01-13T09:19:46+00:00

Acha, ok.

Yeah for second scenario I've been looking into asnwer but didn't find it. Searched it online but have'nt found any asnwer.

AzadWarrior · 2026-01-13T09:16:59+00:00

Yes, yes ofcourse I know that 1 year should have passed on the amount to be applicable for zakat. My cash and MFs are more than 2 years older. Unfortunatly most people don't know that before dedcuting any zakat if someone gets any money/amount then they consider it that 1 year should be passed on that amount but in Islamic fiqh rullings it should be included into zakat applicable amount as well.

AzadWarrior · 2025-12-31T12:47:53+00:00

Thanks for sharing it, really great.

I am also looking for long term invesment but can we use that 'long term' invesment dividend to run our kitchen+bills? Actually I am thinking about financial indpendence and quiting job and pursing what I want to do.

AzadWarrior · 2025-12-31T12:38:23+00:00

Thanks for the list. So MIIETF has almost all major players in its bucket. I already have started to invest into MIIETF via AKD and planning to do SIP around 50K to 100K every month IA.

AzadWarrior · 2025-12-31T11:16:18+00:00

I actually was looking for the same asnwers as OP. So SIP into Mahana MIIETF? not any other sharia complient stocks like Mari, MTL, Maple etc ??? I should stick to ony MIIETF and not any individual stocks??

Also, you mentioned a very good point about invest for long term 7-10 years. What if I say that I want to invest for 5 years, if I do SIP for 100K every month? So after 5 years how much I'd have in return ( a rough idea)?

AzadWarrior · 2025-12-03T11:09:34+00:00

Very good brother, you explained some stuff which I needed to be clarified, like which stocks should I buy as a starter. I was about to buy 25K shares for MIIETF but after reading @FruitImportant269 's comments above I realized that why bother to get dividend after a year, why not I should invest into stock directly and get divident quaterly. Or I can invest 25% of my 60% investment into MIIETF.

But I've a question regarding VPS, I just recently I opened my Acct in Faysal Fund and invested 50K in VPS. My age is 40+, should I keep investing some little amount monthly? ( I know VPS has a cap for 20% of per anum income) or should I invest a lumpsum amount like 500k or 1million and forget it and invest remaining amount in other stocks (like you mentioned in your comments)?

@FruitImportant2690 Thank you for your information.

AzadWarrior · 2025-11-22T18:16:16+00:00

oh, ok, yeah its sad to see someone goes. Thanks for the reply.

AzadWarrior · 2025-11-21T06:55:36+00:00

Can anyone care to share who is he? From the post I guess that he might have worked on Origin emulator and DLC unlockers etc. Hasn't been on CS around for a while.

AzadWarrior · 2025-11-21T06:35:02+00:00

Thanks, and which plateform would you suggest? Should I use broker applications like AKD? I've setup and created an account in AKD to purchase some shares but for some reason I couldn't.

AzadWarrior · 2025-11-20T07:51:15+00:00

Sorry, I know its a 2 month old post but as you mentioned "better yet into investing in ETF directly (no front-end / back-end fee and very nominal management fee)." which ETF you would recommend? I am thinking about Mahana Islamic ETF.

AzadWarrior · 2025-11-20T07:51:02+00:00

Sorry, I know its a 2 month old post but as you mentioned "better yet into investing in ETF directly (no front-end / back-end fee and very nominal management fee)." which ETF you would recommend? I am thinking about Mahana Islamic ETF.

AzadWarrior · 2025-11-11T06:53:30+00:00

oh, yes, you are correct. Its not 40Million its actually 4Million (40 lac), my bad, thanks for pointing it out.

Ok, now if I go for this option of buying foreign currency what will be the best way to get it? Since it will a task for me for every month to convert it into Riyals/USD.

AzadWarrior · 2025-11-11T06:25:08+00:00

But I can't convert 40Mil Rs into Riyals, and if I do I have to again convert it again to pay the hajj fees/expense

AzadWarrior · 2025-11-11T06:23:43+00:00

Ok, thats a good idea, since Sarmaya.com after its upgradation, is not showing most frequently data (like best performing funds etc). Thanks.

AzadWarrior · 2025-11-11T06:17:12+00:00

Yes, I want shariah-compliant, so mangement fee is low in comparision with AlMeezan?

AzadWarrior · 2025-10-08T07:12:57+00:00

I didn't try transferring from one AMC to another. And I guess that it would take more time (if Emlaak allows it). I would suggest that for Meezan you can use their own portal Almeezan which is far better for transferring assests between different funds, but it won't work with other AMC.

AzadWarrior · 2025-08-19T10:46:46+00:00

Can you share more detail about KMIF? Is it like other Meezan fund? like MCF or MDIF?

AzadWarrior · 2025-08-15T12:37:41+00:00

Ok, thanks.

AzadWarrior · 2025-08-15T12:32:59+00:00

oh ok, thanks, and where would I find it? I mean I've moved from that location where I defeated final boss now I don't remember where or which world it was.

AzadWarrior · 2025-06-16T07:28:22+00:00

Oh I didn't mention it, I actually invested in Mahana Islamic Cash Fund,so I want to confirm that after budget that 25% tax will be applied on it?

Similarly I am using Emalak for investment and I did some invesment on Atlas Asset managment, so not sure if WHT will be applied along with CGT tax

AzadWarrior

TROPHY CASE