The Zakah on Current Accounts and Deposited Salaries

Question:
The questioner asks, may the peace be upon you: Is zakah due on a current account, even if the money deposited in it consists of salaries on which a lunar year has not passed?

Answer:
Yes, money deposited in banks is subject to zakah once a lunar year has passed. You pay one-quarter of a tenth of it, and that serves as the zakah for it. This is the money deposited in banks; zakah is obligatory on it, and this applies to salaries as well. For the salaries that accumulate each month, you set a specific time of the year to pay the zakah on what has completed a lunar year and what has not. This is the most cautious approach for you. For example, in Ramadan, look at your entire account balance that you have saved from your salaries.
Or from your income, and you pay one-quarter of a tenth of the total, which is two and a half percent, on what has completed a lunar year and what has not. If you were to calculate the lunar year for each individual amount, it would be difficult for you. But if you set one specific time in the year to pay the zakah on what has accumulated for you, this is first a relief for you, and second, it clears your conscience.