Salaam.
I would like some clarification regarding Zakat on shares invested into companies via crowdfunding platforms such as Seedrs or Crowdcube.
Should a similar calculation method be used as stated in the IFG article on calculating Zakat on Startups? Or should this be based on how much we have committed to the investments?
JazakAllah
Salam,
Would also like the answer to this question. I’m particularly referring to investments with Ethis, where it’s not ‘ownership’ of a company, but rather a short term investment in a project where profits are split (a musharakah contract, to be precise). Capital is not guaranteed but I believe there is some collateral etc. so total loss is not likely. It is possible the project will fail, get delayed etc, though.
IFG’s coverage of ethis: https://www.islamicfinanceguru.com/investment/ethis-detailed-review-a-halal-far-eastern-property-investment/