Zakah on money accumulated for children in the bank
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success. The questioner says: A man accumulates money for his children in the bank until they grow up, and this money belongs to so-and-so, and that money belongs to so-and-so. The question is: Is it obligatory to pay zakah from the children's money, or is it obligatory for the father to pay it from his own money?
Answer:
Once it has become the children's, up to the present time until they take possession of it, and it is still under the ownership of the father, he pays zakah on it. Yes.
Honorable Shaykh, may Allah grant you success. The questioner says: A man accumulates money for his children in the bank until they grow up, and this money belongs to so-and-so, and that money belongs to so-and-so. The question is: Is it obligatory to pay zakah from the children's money, or is it obligatory for the father to pay it from his own money?
Answer:
Once it has become the children's, up to the present time until they take possession of it, and it is still under the ownership of the father, he pays zakah on it. Yes.
Source
المنتقى من أخبار سيد المرسلين 25-01-1437هـ — alfawzan.live (1:01:06)
The Arabic text is a machine transcription of the audio recording.