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The question

Is zakat obligatory on the funds of a charitable endowment (waqf) designated for lending to those in need, and is it permissible to deposit usurious funds, which one wishes to dispose of, into this endowment?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

The funds collected in the aforementioned box are not subject to , due to the absence of a specific owner. They have ceased to be the property of their original owners and have not become the property of anyone else. This is the view held by the two Sheikhs, Ibn 'Uthaymeen and Ibn Baz, for one of the conditions for Zakat to be obligatory is complete ownership.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
189548
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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Read the full answer on Ftawy