Is zakat obligatory on a sum of money in dollars deposited in a savings account designated for marriage, knowing that a small amount is deducted annually from it as administrative fees, and that its owner possesses nothing but her salary and a platinum certificate from which she pays zakat on the annual profits?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
is obligatory on money under two conditions: that it reaches the (the equivalent of 85 grams of gold or 595 grams of silver), and that a full hawl (lunar year) passes over it. If these two conditions are met for saved money, then zakat of 2.5% becomes obligatory on it. If the money does not reach the nisab, then no zakat is due on it.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/170200
Where this answer came from
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- Ftawy
- Original fatwa ID
- 170200
- 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.
- Read the full ruling
- Read the full answer on Ftawy