He has cash that he forgot, so how does he pay its zakah?
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Q: My father borrowed a sum of 300,000 riyals from the real estate bank to renovate his house in the year 1399 AH. During the renovation period, he deposited a sum of money in the Bank of Riyadh in the city of al-'Ula . My father forgot about this money. After a period of time had passed, he remembered that he had money in the bank in the year 1420 AH. When we inquired with the bank, we found that he had a sum of 42,000 riyals (forty-two thousand riyals). I withdrew it in the year 1420 AH and handed it to my father, and it was spent. My question is: Is zakah due on this amount from the date of its deposit, or is it due only once because it was forgotten?
A: This amount is wealth on which zakah is obligatory for every lunar year from the time my father owned it, and he must pay it. The father's forgetting of the aforementioned amount does not exempt him from it; rather, he must pay it for the number of years in which he did not pay its zakah. The method for paying the zakah on this amount is to pay the zakah for the first year on the full amount, and for the second year on what remained after the zakah of the first year, and so on for the remaining years.
A: This amount is wealth on which zakah is obligatory for every lunar year from the time my father owned it, and he must pay it. The father's forgetting of the aforementioned amount does not exempt him from it; rather, he must pay it for the number of years in which he did not pay its zakah. The method for paying the zakah on this amount is to pay the zakah for the first year on the full amount, and for the second year on what remained after the zakah of the first year, and so on for the remaining years.
Source
www.alifta.gov.sa
The Arabic text is copied verbatim from the original source, without any edits.