Who is liable to pay the Zakat for a limited company ?

Fatawa Question

Is a limited company an independent entity in Islam and therefore liable for its own Zakat or does its value belong to the shareholders ?

Fatwa

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Publisher

al-Qalam Shariah Scholar Panel

Publication Date

2013-12-23

Country of Publication

United Kingdom

Main Subjects

Financial and Accounting Sciences
Religion
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-727175

American Psychological Association (APA)

al-Qalam Shariah Scholar Panel (Manchester, England). 2013-12-23. Who is liable to pay the Zakat for a limited company ?. . Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-727175

Modern Language Association (MLA)

al-Qalam Shariah Scholar Panel (Manchester, England). Who is liable to pay the Zakat for a limited company ?. Manchester England : al-Qalam Shariah Scholar Panel. 2013-12-23.
https://search.emarefa.net/detail/BIM-727175

American Medical Association (AMA)

al-Qalam Shariah Scholar Panel (Manchester, England). 2013-12-23. Who is liable to pay the Zakat for a limited company ?. Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-727175