Is zakat obligatory on money saved in a pension fund if it reaches the nisab and a hawl (lunar year) passes, knowing that it can only be withdrawn after reaching retirement age?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
The zakat on money saved in the social security fund is obligatory if the money reaches the nisab and a hawl passes over it. You pay it after receiving the money for the past years, according to the majority of scholars, and this is the most correct and prudent opinion.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/94762
- Source platform
- Ftawy
- Original fatwa ID
- 94762
- Imported
- Translation status
- Source text, unreviewed
- Read the full ruling
- Read the full answer on Ftawy