Zakat of joint speculative funds in Islamic financial institutions

Abstract

The research deals with the study of the ruling on zakaah on mudarabah funds in contemporary Islamic financial institutions. In speculation, and the multiplicity of speculative parties in the development of money through the rule of Zakat money in its contemporary investment formula in accordance with the ruling that it is in the speculative money when the scholars. The research concluded that the zakat on speculative capital and its share of the profit is obligatory on the ownership of the depositors of their money in the financial institution on its terms, and the zakat on the share of the financial institution, and the second speculator of the profit commends their ownership - most likely from the sayings of the jurists - on its terms.