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Zakat and purification
How do I calculate zakat on crypto?
Answered by the ShariaQuant team
Take the market value of your holdings on your zakat date and pay 2.5% of that figure. The most common mistake is paying 2.5% of the profit instead of 2.5% of the total, which produces the wrong number in both directions depending on the year.
How to calculate zakat on cryptoThis is Shariah screening and education, not financial advice. Rulings on newer products differ between scholars, so where a question is disputed we say so rather than pick a side for you. If your situation is unusual, ask your own scholar.