Saving Money
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The second question of Fatwa No. ( 9404 )
Q2: Whatis the ruling on saving money? And if the person is responsible for a family, but he puts aside a sum of money every month because he wants to study, if Allah wills, after he finishes high school, he is currently working, and perhaps
he will be able – if Allah wills – to leave his job as a worker to become a student after a long or short time. What is the ruling on saving money?
A2: If he pays the zakah on his wealth and fulfills the obligatory expenses without being stingy, he may save the surplus of his wealth until he needs it for himself, for those he supports, and for any new events that may arise. And success is from Allah, and may Allah send prayers and blessings upon our Prophet Muhammad, his family, and his Companions.
Q2: Whatis the ruling on saving money? And if the person is responsible for a family, but he puts aside a sum of money every month because he wants to study, if Allah wills, after he finishes high school, he is currently working, and perhaps
he will be able – if Allah wills – to leave his job as a worker to become a student after a long or short time. What is the ruling on saving money?
A2: If he pays the zakah on his wealth and fulfills the obligatory expenses without being stingy, he may save the surplus of his wealth until he needs it for himself, for those he supports, and for any new events that may arise. And success is from Allah, and may Allah send prayers and blessings upon our Prophet Muhammad, his family, and his Companions.
Source
www.alifta.gov.sa
The Arabic text is copied verbatim from the original source, without any edits.