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The question

Is the compensation money that a worker received from his company for a work-related accident permissible (halal), and is Zakat obligatory on it, knowing that the company will obtain a larger amount from the insurance than what it paid to the worker?

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

If an employee is entitled to a deferred sum from insurance and wishes to expedite receiving some of it through his company, this constitutes selling deferred money for immediate money of the same kind, which is usury (riba) and is not permissible under any circumstances if there is a surplus. Additionally, there is a lack of immediate possession and an element of uncertainty (). As for , it is not obligatory on the money until a full year has passed since its complete ownership.

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
166384
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