Prayers & Duties >> Zakat & Charity
Question ID: 47542Country: India
Answer ID: 47542
Bismillah hir-Rahman nir-Rahim !
(Fatwa: 1148/898/D=10/1434) It is wajib on you to pay 2.5% zakah after completing one year on the cash available in your fund or other cash, gold and silver which you own. Zakah shall be wajib on the amount of fund so long as it is in form of cash though it is meant for future expenses.
Allah (Subhana Wa Ta'ala) knows Best
Darul Ifta,
Darul Uloom Deoband, India