Is zakat obligatory on inherited money deposited in an Islamic bank? What is the ruling on delaying the payment of zakat? Is it permissible to delegate the mosque's imam to distribute it? What is the ruling on depositing money in banks as a five-year deposit?

It is not permissible to delay Zakat beyond its due time without a valid excuse. It is permissible to appoint a trustworthy person to deliver Zakat to its rightful recipients. Zakat is obligatory on investment deposits and their profits if they reach the nisab (threshold) and fulfill the conditions for Zakat, unless the Islamic bank undertakes its disbursement. There is no harm in investing money through Islamic banks that adhere to Sharia regulations.