The Zakah on Money Saved in the Bank
Machine translationRead the Arabic original
Question:
Another questioner says: Your Excellency the Shaykh, may Allah reward you. I have a sum of money in the bank that I have saved for a pressing need. Is there zakah on it?
Answer:
Yes, without a doubt. If it reaches the nisab, then zakah is obligatory on it every year. Yes.
The presenter:
May Allah reward you,
Another questioner says: Your Excellency the Shaykh, may Allah reward you. I have a sum of money in the bank that I have saved for a pressing need. Is there zakah on it?
Answer:
Yes, without a doubt. If it reaches the nisab, then zakah is obligatory on it every year. Yes.
The presenter:
May Allah reward you,
Source
قناة «مؤسسة الدعوة الخيرية»، فتاوى على الهواء صالح بن فوزان الفوزان 04-03-1439هـ — youtube.com (31:05)
The Arabic text is a machine transcription of the audio recording.