Is zakat obligatory on money in the bank that has been there for a full year (hawl), and from which monthly deductions are made to pay for household necessities and water and electricity bills?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
becomes obligatory on money if it reaches the (the equivalent of 85 grams of gold or 595 grams of silver) and one lunar year (hawl) has passed over it, even if portions are deducted from it monthly. If the money falls below the nisab during the hawl, there is no zakat due on it, and a new hawl calculation begins from the moment it reaches the nisab again. This is the view of the majority of scholars, as mentioned by An-Nawawi.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/13664
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 13664
- 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