The Zakah of the Charity Association's Funds and the Minor's Funds
Machine translationRead the Arabic original
The questioner:
May Allah reward you. This is a charitable association asking His Eminence some questions. They say: What is the ruling regarding the zakah on loaned money?
The Shaykh:
The money belonging to the association, which is a charitable one, has no zakah due on it, neither on what they hold nor on what is loaned out, as long as it is for charity, meaning for the program's activities.
The questioner:
Regarding me, they are also asking about the zakah on the money of orphans and minors. Is there zakah on it?
The Shaykh:
There is no doubt that zakah is obligatory on a minor's money, and his guardian pays it out; because it is a right in the money, regardless of its owner. Yes.
The presenter:
May Allah bless you,
May Allah reward you. This is a charitable association asking His Eminence some questions. They say: What is the ruling regarding the zakah on loaned money?
The Shaykh:
The money belonging to the association, which is a charitable one, has no zakah due on it, neither on what they hold nor on what is loaned out, as long as it is for charity, meaning for the program's activities.
The questioner:
Regarding me, they are also asking about the zakah on the money of orphans and minors. Is there zakah on it?
The Shaykh:
There is no doubt that zakah is obligatory on a minor's money, and his guardian pays it out; because it is a right in the money, regardless of its owner. Yes.
The presenter:
May Allah bless you,
Source
نور على الدرب - الفوزان - 03/210 — archive.org (8:00)
The Arabic text is a machine transcription of the audio recording.