Zakat
The zakat payable per share has been approved by our Fatwa and Sharia Supervisory Board. The amount of Zakat payable for each share are as follows. The Fatwa and Sharia Supervisory Board also urge the shareholders to fulfill the responsibility of paying zakat in order to fulfill the third pillar of Islam. Since the Board of Directors of Mawarid Finance is not authorized to pay Zakat on behalf of the shareholders, the obligation of paying Zakat on the shares of the company falls upon the shareholders themselves.
Zakat per share 2013 - 0.0182
Zakat per share 2014 - 0.017
Zakat per share 2015 - 0.0015
Zakat per share 2016 - 0.0082
Zakat per share 2017 - 0.0075