Yes, Zakat is due on ETFs (Exchange-Traded Funds) as they contain Zakatable assets such as cash, stocks, or other eligible assets. The amount of Zakat to be paid would be 2.5% of the market value of the Zakatable assets held within the ETF. It is important to assess the composition of the ETF and determine the proportion of Zakatable assets before calculating and paying Zakat.
Still have questions?
Our typical response time would be within 5 days from the time your question was posted. Responses provided will be according to our Zakat policy.