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The question

Is zakat due on invested orphan's money if the profits have not been received for a long time?

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

Scholars have differed regarding the on the wealth of a child and an insane person. The opinion of the majority is that it is obligatory, and this is the given. The capital paid for (profit-sharing) is subject to zakat on its principal and its profit at the end of every lunar year. Therefore, the zakat on the child's wealth must be extracted from the profit of the money before its distribution. One should contact the Mudarib (investor) to ascertain the current value of the wealth, and then pay the obligatory zakat.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
171187
Imported
Translation status
Source text, unreviewed
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