Is Zakat obligatory on money set aside for studies if it reaches the nisab?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
is obligatory on money saved for studying if it reaches the and a full lunar year (hawl) passes over it. If it falls below the nisab during the hawl, then no zakat is due on it. The nisab for current banknotes is approximately the equivalent of eighty-five grams of gold, or the equivalent of 595 grams of silver. The amount that must be given is a quarter of a tenth (two and a half percent).
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/136838
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 136838
- Imported
- Translation status
- Source text, unreviewed
- Read the full ruling
- Read the full answer on Ftawy