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The question

Is Zakat obligatory on Social Security funds?

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

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.

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
44145
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