zakaat on investments

Question ID: 40002
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Asalaam Mu Alaikum Respected Mufti
I have a question relating to my Zakaat and would appreciate your responses:
Is Zakaat payable on investments (such as shares in Oasis, Albaraka, etc)? These shares were bought for investment purposes in my private capacity as opposed to being bought for share trading.

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Asked on January 1, 1970 12:00 am
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Private answer

Pay on the invented amount.

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Answered on January 1, 1970 12:00 am