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The question

What is the ruling on hoarding money and not investing it in a country facing severe hardship, while paying its Zakat annually?

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

It is not forbidden to save money and not trade with it, as long as its owner pays its . The majority of scholars consider this permissible, citing inheritance verses and the of Sa'd ibn Abi Waqqas: "It is better for you to leave your heirs wealthy than to leave them poor, begging from people."

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Ftawy
Original fatwa ID
170485
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