In terms of zakat, investments are addressed as follows:
- Investments in establishments inside KSA, in partnership with others, shall be deductible from the zakat base if they are subject to zakat imposition inside KSA. If investments in such establishments are not subject to zakat inside KSA, they may not be deducted from the base.
- Investments in establishments outside KSA, in partnership with others, shall be deductible from the zakat base provided that the zakat payer includes, within his zakat return, the zakat payable for such investments as per the rules stipulated under the zakat regulation and pays it to GAZT. In addition, the accounts audited by an approved chartered accountant in the investment company shall be attested by the official authorities and enclosed with the return. If such rules are not followed when calculating and paying zakat, the investments cannot be deducted from the zakat base.
- Investments - whether internal or external or of short or long term – in securities, bonds currencies, deposits or deferred transactions are not deductible from the zakat base.