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The question

Is Zakat obligatory on a fluctuating sum of money in a bank account, ranging between 35,000 and zero?

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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 wealth under two conditions: reaching the (minimum threshold) and that it does not fall below it for a full hawl (lunar year). If it reaches the nisab and a hawl passes over it, the amount of Zakat is one-quarter of one-tenth (2.5%), otherwise there is no Zakat. The nisab is equivalent to 85 grams of gold or 595 grams of silver.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Ftawy
Original fatwa ID
157125
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