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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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Is zakah obligatory on a charitable fund if a lunar year has passed over it?

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Question:
He says: We have a charitable fund for our family and relatives, Honorable Shaykh, and more than a year has passed over it. Is there zakah on this fund?

Answer:
If this is for the purpose of assisting the needy and giving charity, then there is no zakah in it. Yes.
Source قناة «العلامة الدكتور صالح الفوزان»، [3628] هل تجب الزكاة على الصندوق الخيري إذا حال عليه الحول؟ - صالح الفوزان — youtube.com

The Arabic text is a machine transcription of the audio recording.

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