Is zakat obligatory on mahr money deposited in a bank, which is not intended for purchasing anything, and if it is obligatory, how is it to be paid?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
must be paid on wealth if it reaches the and a hawl (one lunar year) has passed on it, whether it is cash, gold, or silver, and whether it is from a dowry or other sources, and whether it was saved for travel or building a house. The nisab is equivalent to 85 grams of gold or 595 grams of silver. If the dowry deposited in the bank reaches the nisab or more, zakat must be paid on it whenever a hawl (a Hijri year) passes, by giving out a quarter of a tenth (2.5%). It is not permissible to deposit money in interest-based banks except out of necessity for safekeeping and without earning interest.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/14070
Where this answer came from
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- Ftawy
- Original fatwa ID
- 14070
- 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