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The question

Is zakat obligatory on money saved in the bank from the date of its deposit, or from the date of the last withdrawal and redeposit of the money?

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

Regarding , it begins when the money reaches the . The hawl (one lunar year) is not affected by withdrawals unless the money falls below the nisab. In that case, the hawl is interrupted and there is no zakat. If the nisab is met again, the hawl begins anew, because the completeness of the nisab throughout the entire hawl is a condition for the obligation of zakat, according to the majority of scholars.

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
41258
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