Is Zakat due on money invested in an Islamic bank for a period of 3 years annually, or at the end of the investment period by paying the full amount after knowing the outcome?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
is obligatory on investment deposits in Islamic banks, on both the principal and the profits, every year, provided the conditions for Zakat are met, regardless of whether the deposit is long-term or short-term, and whether it has been withdrawn or not.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/100237
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 100237
- 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.
- Read the full ruling
- Read the full answer on Ftawy