Zakah on Money in the Bank and Its Amount
Machine translationRead the Arabic original
The questioner:
He says: May Allah preserve you, when does zakah become due on money in the bank, and what is the amount of that?
The Shaykh:
When it reaches the nisab. If the money reaches the nisab, then zakah becomes obligatory on it when a lunar year has passed. If it reaches the nisab and a lunar year has passed, then zakah is due on it in the amount of one-quarter of a tenth, which is twenty-five percent. Yes.
The presenter:
He says: Is it…
The Shaykh:
…and twenty per thousand. Twenty-five per thousand. Two and a half percent.
The presenter:
Yes,
He says: May Allah preserve you, when does zakah become due on money in the bank, and what is the amount of that?
The Shaykh:
When it reaches the nisab. If the money reaches the nisab, then zakah becomes obligatory on it when a lunar year has passed. If it reaches the nisab and a lunar year has passed, then zakah is due on it in the amount of one-quarter of a tenth, which is twenty-five percent. Yes.
The presenter:
He says: Is it…
The Shaykh:
…and twenty per thousand. Twenty-five per thousand. Two and a half percent.
The presenter:
Yes,
Source
قناة «العلامة الدكتور صالح الفوزان»، برنامج (فتاوى) (208) لمعالي الشيخ صالح الفوزان بتاريخ [1441-06-12] - كبار العلماء — youtube.com (6:26)
The Arabic text is a machine transcription of the audio recording.