A charitable fund that collects money to help those in need: is there zakah on this fund?
Machine translationRead the Arabic original
The questioner:
He says: Honorable Shaykh, may Allah grant you success. There are people who have a charitable fund in which they collect money for the disasters and accidents that occur, such as expiations and blood money. Is there zakah on this fund?
The Shaykh:
If it is set aside for those in need, there is no zakah on it. But if it is set aside for investment, then there is zakah on it. Yes.
The questioner:
He says: And if this money is invested and grows for the sake of this uncertainty, is zakah obligatory on it?
The Shaykh:
If it is intended to help the afflicted and those in need, and nothing of what they donated returns to them, and it is not coming back to them, and it grows, there is no harm in its growing. It becomes a waqf (endowment) that follows it, and there is no zakah on it. Yes.
He says: Honorable Shaykh, may Allah grant you success. There are people who have a charitable fund in which they collect money for the disasters and accidents that occur, such as expiations and blood money. Is there zakah on this fund?
The Shaykh:
If it is set aside for those in need, there is no zakah on it. But if it is set aside for investment, then there is zakah on it. Yes.
The questioner:
He says: And if this money is invested and grows for the sake of this uncertainty, is zakah obligatory on it?
The Shaykh:
If it is intended to help the afflicted and those in need, and nothing of what they donated returns to them, and it is not coming back to them, and it grows, there is no harm in its growing. It becomes a waqf (endowment) that follows it, and there is no zakah on it. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [444 -1024] صندوق خيري يجمع فيه المال من أجل مساعدة المحتاجين، هل في هذا الصندوق زكاة؟ — youtube.com
The Arabic text is a machine transcription of the audio recording.