Q: I have an account in the Islamic Investment Company of the Gulf, belonging to His Highness Prince Muhammad Al-Faysal's offices that works in the field of industrial speculation. The company uses the money it collects from the depositors in either building factories in Muslim countries or buying existing factories or contributing in factories that actually provide services to the Muslims. The company gives us annual profits from the profits of those factories.The question is: Am I obliged to pay Zakah (obligatory charity) every year for the capital that I paid to the company or for the profits that I receive annually and what is the value of Zakah due upon me? I am ready to abide by the rules of the Shari`ah (Islamic law) whatever they may be, seeking Allah's Pleasure (Exalted and Glorified be He) and seeking salvation from His Wrath on the Day of Resurrection. May Allah reward you with the best. A: You are obliged to pay Zakah on the profits of the mentioned shares if they reach the Nisab (minimum amount upon which Zakah is due) and a Hawl (one lunar year calculated from the time a property reaches the minimum amount upon which Zakah is due) passes while it is in the possession of its owner. What you spent (Part No. 8; Page No. 156