Question:

Recently I  sold house and kept  money in bank. Intention of keeping money in bank to buy house for own living purpose. I have no own house in at the moment. Do I need to pay Zakat for that amount which I kept in bank? 

 

Answer:

 

In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

 

It is obligatory to pay Zakaat on the money kept in the bank.[1]

 

And Allah Ta’āla Knows Best

Ismail Desai,

 

Durban, South Africa

Checked and Approved by,

Mufti Ebrahim Desai.

 

 

 



 1 و سببه أي سبب افتراضها ملك نصاب حولي تام (الدر المختار، ج 2، ص 259، ايج ايم سعيد)

مالك لنصاب من نقد و لو تبرا (نور الايضاح، ص 209)

 

 

KHARWASTAN

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