A Simple Guide to Zakat on investments
As-salamu Alaykum,
The Prophet (ﷺ) said: “Giving charity wipes away sins just as water extinguishes fire.”
Calculating Zakat on investments can be complex, especially with multiple asset types, accounts, and modern financial instruments. This special online webinar is designed to simplify the process and help you fulfill your obligation with clarity and confidence.
Join Hash Assad, Sh. Navaid Aziz, Farooq Maseehuddin, and Sh. Sadique Pathan in partnership with Islamic Relief Canada for an informative live session on Zakat and Investments. Our experts will walk you through clear, step-by-step guidance rooted in Islamic principles.
What You’ll Learn:
Core principles and conditions of Zakat
Differences between zakatable and non-zakatable assets
Determining the Nisab threshold and correct zakat rate
How to calculate zakat on investments, stocks, ETFs, mutual funds, property, precious metals, and more
Zakat rulings for accounts like RRSP, TFSA, RESP, CPP, and LIRA
When and how to pay zakat on investments correctly
How to use Muslimoney’s Zakat Calculator for accurate calculations
This session is perfect for anyone who wants to confidently calculate their zakat, ensure their wealth is purified, and seek the blessings of giving for Allah’s sake. You’ll also have a chance to participate in a live Q&A and gain valuable insights directly from our knowledgeable speakers.
IG Private Wealth Management
This is a general source of information only. It is not intended to provide personalized tax, legal or investment advice, and is not intended as a solicitation to purchase securities. Hash Assad is solely responsible for its content. For more information on this topic or any other financial matter, please contact Hash. Views of guest speakers may not be shared by IG Wealth Management. Insurance products and services distributed through I.G. Insurance Services Inc. Insurance license sponsored by The Canada Life Assurance Company.