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The question

Is Zakat obligatory on invested waqf funds?

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

There is no on endowment (waqf) funds, whether invested or not, because they are not owned by anyone. If the endowment is invested, its proceeds are disbursed according to its specified purposes. Whoever receives a portion of this money, and a year passes while it reaches the (threshold), then zakat becomes obligatory on them. The wealth of the state, or the public treasury (Bayt al-Mal), and endowed wealth, are not subject to zakat because they are not owned by a specific individual.

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
13856
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