Do I have to pay Khums from money I have saved in order to pay for Khums due on the rise in value of shares that I own in my company?
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Sayyed Mohammad Al-Musawi,
Sayyed Mohammad al-Musawi is originally from Iraq and heads up the World Ahlul Bayt Islamic League in London. Other than being involved in various humanitarian projects, he frequently responds to religious questions. In the past, he has also spent significant time in India guiding the community. 3753 Answers
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Sayyed Mohammad Al-Musawi, Sayyed Mohammad al-Musawi is originally from Iraq and heads up the World Ahlul Bayt Islamic League in London. Other than being involved in various humanitarian projects, he frequently responds to... Answered 3 years ago
Khums is obligatory on everything you own on the day of your Khums. Rise in shares value means increase in your wealth, which must be calculated as part of your owning.
Wassalam.