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The question

Is zakat obligatory on an amount owed to a retirement fund and deposited in an Islamic bank, knowing that it is not currently required to be paid except upon termination of service?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

is obligatory on the aforementioned amount if it reaches the (minimum threshold) and a hawl (full lunar year) passes over it, due to the Prophet's (peace be upon him) saying: "There is no zakat on wealth until a year passes over it."

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
51887
Imported
Translation status
Source text, unreviewed
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