Zakat on Crypto Explained!

Zakat on Crypto Explained!

Author: Rakaan Kayali April 21, 2022 Duration: 8:55

April 21, 2022.

In our latest episode, we look at :

  • How to figure out zakat on crypto
  • The first condition for zakat. Al-Mal
  • The second condition for zakat. Al-Nama'
  • The third condition for zakat. Al-Nissab
  • The fourth condition for zakat. Al-Hawl


#zakatoncrypto #cryptocurrencies

To view our portfolio or become a member please visit https://practicalislamicfinance.com

To see all your balance of cryptocurrencies in the same place check out Cointracker: https://www.cointracker.io/a/rakaan

PIF Offerings:
► Follow PIF portfolios & investment      insights:  https://app.practicalislamicfinance.com/pricing/
► Join the Practical Islamic Finance Discord Community: https://discord.gg/HYZKUCM274
► Sign up for our newsletter at: https://practicalislamicfinance.com
► List of PIF reviewed stocks: https://practicalislamicfinance.com/pif-reviewed-stock-list/
► List of PIF reviewed cryptos: https://practicalislamicfinance.com/pif-reviewed-crypto-list/ 

Affiliates & Promotions:
► Follow your crypto investments and file taxes with Cointracker: https://www.cointracker.io/a/rakaan
► Track your income, expenses and budget using Truebill: https://truebill.i679.net/c/2193816/616684/10034
► Looking for a place to buy stocks in the U.S.? Try M1 Finance for Free using: https://m1finance.8bxp97.net/c/2193816/704943/10646

Follow Us on Social Media:
►Twitter: https://twitter.com/PracticalIF
►Instagram: https://www.instagram.com/practicalislamicfinance
►Facebook: https://www.facebook.com/practicalislamicfinance
►Email: rakaan@practicalislamicfinance.com

Disclaimer: Anything you hear in this podcast is an opinion. It is not to be considered personalized financial advice. Make sure you do your own due diligence before making any investment decisions.


Hosted by Rakaan Kayali, The Practical Islamic Finance Podcast sits at a unique crossroads where faith meets the realities of modern money management. This isn't about abstract theory; it's a grounded conversation for anyone navigating their financial life within an Islamic framework. Each episode tackles the contemporary questions and challenges that arise when principles of halal investing, ethical business, and personal finance intersect with today's dynamic markets and news cycles. You'll hear clear discussions on how to build wealth responsibly, understand the nuances of Sharia-compliant opportunities, and make informed decisions that align with both spiritual values and practical goals. Kayali brings a focused perspective to topics ranging from everyday budgeting and debt to analyzing specific investment vehicles and broader economic trends through a principled lens. The podcast serves as a thoughtful resource for Muslims seeking actionable guidance, as well as anyone curious about the ethical dimensions of finance from this particular viewpoint. It’s a space for learning and reflection, designed to help listeners cultivate financial well-being without compromise. Tune in for straightforward dialogue that makes the often-complex world of Islamic finance accessible and immediately relevant to your life.
Author: Language: English Episodes: 361

The Practical Islamic Finance Podcast
Podcast Episodes
A Bumpy Road Higher ⬆️ [not-audio_url] [/not-audio_url]

Duration: 28:23
► If you enjoyed the episode, please leave us a good review!► More from PIF: https://linktr.ee/practicalislamicfinanceA Bumpy Road Higher ⬆️In this episode, we will cover:Intro & Market Volatility OverviewIndex Performan…
Powell Tanks Markets! [not-audio_url] [/not-audio_url]

Duration: 40:22
► If you enjoyed the episode, please leave us a good review!► More from PIF: https://linktr.ee/practicalislamicfinancePowell Tanks Markets!In this episode, we will cover:Intro & Market VolatilityIndices Recap: Nasdaq, Te…
Clear Skies Ahead for Market [not-audio_url] [/not-audio_url]

Duration: 45:12
► If you enjoyed the episode, please leave us a good review!► More from PIF: https://linktr.ee/practicalislamicfinanceClear Skies Ahead for MarketIn this episode, we will cover:Intro & UpdatesFed Rate Cut & Market Reacti…
A Tale of Two Markets [not-audio_url] [/not-audio_url]

Duration: 17:08
► If you enjoyed the episode, please leave us a good review!► More from PIF: https://linktr.ee/practicalislamicfinanceA Tale of Two MarketsIn this episode, we will cover:Intro & Market OverviewStocks Rally on Job Numbers…
Market Opportunities Abound [not-audio_url] [/not-audio_url]

Duration: 20:17
► If you enjoyed the episode, please leave us a good review!► More from PIF: https://linktr.ee/practicalislamicfinanceMarket Opportunities AboundIn this episode, we will cover:Market Recap: Indices Drop, Crypto RisesWhy…
I'm Not Leaving! [not-audio_url] [/not-audio_url]

Duration: 29:26
► If you enjoyed the episode, please leave us a good review!► More from PIF: https://linktr.ee/practicalislamicfinanceI'm Not Leaving!In this episode, we will cover:Market Sentiment Reversal Post-Fed CommentsWhy the Fed…
An Obvious Play [not-audio_url] [/not-audio_url]

Duration: 17:11
► If you enjoyed the episode, please leave us a good review!► More from PIF: https://linktr.ee/practicalislamicfinanceAn Obvious PlayIn this episode, we will cover:Intro & Market RecapNVIDIA Earnings & Market ImpactIndic…
Next Week is Crucial [not-audio_url] [/not-audio_url]

Duration: 22:52
► If you enjoyed the episode, please leave us a good review!► More from PIF: https://linktr.ee/practicalislamicfinanceNext Week is Crucial In this episode, we will cover:Market Sentiment Reversal Post-Fed CommentsWhy the…
Big Mistake [not-audio_url] [/not-audio_url]

Duration: 19:47
► If you enjoyed the episode, please leave us a good review!► More from PIF: https://linktr.ee/practicalislamicfinanceBig Mistake In this episode, we will cover:Market Recap: Indices, Bitcoin & AltcoinsTesla Continues It…
A Bumpy Ride Ahead for Markets [not-audio_url] [/not-audio_url]

Duration: 31:29
► If you enjoyed the episode, please leave us a good review!► More from PIF: https://linktr.ee/practicalislamicfinanceA Bumpy Ride Ahead for MarketsIn this episode, we will cover:Market Pullback & Fed’s Jackson Hole Impa…