Is zakat obligatory on orphans' money deposited in the bank, which has been held for a full year, knowing that their ages range between 7-14 years, and the amount of zakat for each person is 2200 Riyals?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
is obligatory on the wealth of a minor according to the majority of scholars, and his guardian must disburse it. It becomes obligatory if the share of each of them reaches the (the equivalent of 85 grams of gold). It is not permissible to deposit money in usurious banks. The interest generated from usury is not subject to zakat; rather, it should be given as charity for good causes. Only the principal capital is subject to zakat.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/52000
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 52000
- 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