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The question

Is Zakat obligatory on an investment deposit, and can a deposit be broken to meet a need, and what is the wisdom behind paying Zakat from profit?

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

is obligatory on the investment deposit and its accrued profit, at a rate of 2.5% for previous years. Wealth does not grow except through permissible trade and financial transactions free from usury or any resemblance of it.

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
30773
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