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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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The Zakah on Salaries Accumulated in the Bank

Machine translationRead the Arabic original
Question:
And may Allah bless you. The questioner, Umm Muhammad, says: I am a teacher, and I collect my salaries every year in the bank. I accumulate them, and a lunar year passes over them. Do I pay zakah on them, or do I leave them for the next year?

Answer:
No, if the lunar year has passed, she pays zakah on her balance by giving one-fourth of a tenth of it every year. Thus, the balance is subject to zakah by giving one-fourth of a tenth of it at the end of every lunar year, provided it reaches the nisab (minimum threshold) or more. Yes.
Source نور على الدرب - الفوزان - 03/013 — archive.org (7:16)

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

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