If the investors bought a sukuk with the intention of reselling, he would pay zakat on the full value of the sukuk. However, what if the issuer of the sukuk has already paid zakat on the value of the underlying asset of the sukuk, what should the investor do?
According to the standard issued by the Zakat House of Kuwait, the investor will adjust his own zakat calculation according to what has been paid already by the zakat issuer. If there is a shortfall, then he will pay the difference.
And Allah knows best!
(Mufti) Billal Omarjee