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Ref:zak015/07 October 2007 Q: Is Zakaat payable on unit trusts and if so at current value or value when purchased? A: Zakaat is payable on the current market value of unit trusts. Mufti Shafiq Jakhura Iftaa Department, Darul Ihsan Islamic Services Centre I concur with the answer: Mufti Zubair Bayat Ameer, Darul Ihsan Islamic Services Centre
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