Praise be to Allah.
This question was answered for us by Shaykh ‘Abd-Allaah ibn Qa’ood as follows:
The shareholders must pay zakaah on their own behalf, but no zakaah is due on the profits stemming from donations.
Praise be to Allah.
This question was answered for us by Shaykh ‘Abd-Allaah ibn Qa’ood as follows:
The shareholders must pay zakaah on their own behalf, but no zakaah is due on the profits stemming from donations.
Source: Shaykh ‘Abd-Allah ibn Qa’ood
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