Is zakat obligatory on money saved in the bank, which has reached 10,0 dirhams after adding stock profits to it?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
If the wealth reaches the and a year has passed over it, becomes obligatory, even if its owner is a minor. The questioner should strive to determine the time when the wealth reached the nisab, then pay zakat on it after a year has passed, and so on every year, bearing in mind the words of Allah Almighty: "Allah does not burden a soul beyond its capacity." The nisab for paper money is the equivalent value of 85 grams of gold or 595 grams of silver.
Summarized from the full answer at Ftawy · imported
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- Original fatwa ID
- 77759
- Imported
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