Is Zakat obligatory on Social Security funds?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
Insurance in all its forms is unlawful (), except for cooperative insurance. Cooperative insurance is not subject to because its funds are charitable endowments. As for non-cooperative insurance, it must be canceled, and its profits must be disposed of by spending them on the welfare of Muslims. If a person receives from it an amount equal to what he paid, he must pay zakat on it if it reaches the and a year has passed.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/44145
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- Ftawy
- Original fatwa ID
- 44145
- Imported
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