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The question

How much is the zakat on money in the bank if the amount is 9.0 riyals?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

The mentioned amount reaches the نصاب (minimum threshold for zakat). If a full lunar year (حَوْل) passes on it, a quarter of a tenth (2.5%) of it must be given as zakat for each lunar year that has passed since it reached the نصاب, which is 225 Riyals out of the nine thousand.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
92939
Imported
Translation status
Source text, unreviewed
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