Is zakat due on a bank guarantee that is not withdrawable as long as the building contractor's license is valid and renewable every two years?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
The on this acquired money must be paid, even if it is mortgaged, for its presence with a third party does not negate the complete ownership that fulfills the conditions for zakat to be obligatory.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/31944
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- Original fatwa ID
- 31944
- Imported
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