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The question

Is zakat obligatory on the money of minor orphans deposited in an Islamic bank and saved to meet their basic needs, given the insufficiency of other sources of income?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

is obligatory on saved money if it reaches the threshold (). It is a quarter of a tenth (2.5%) to be paid every Hijri year, based on the statement of Sheikh Ibn Uthaymeen that it is obligatory on money saved for marriage, buying a house, and similar purposes. Zakat increases wealth and blesses it.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
154047
Imported
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Source text, unreviewed
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