I have a sum of money for which a lunar year has passed, and part of it has been invested. Is it obligatory for me to pay zakah on all of it?

The questioner : Please. Peace be upon you.

The Shaykh : And upon you be peace.

The questioner : Ibn Uthaymeen? I have a question, Honorable Shaykh.

The Shaykh : Please proceed.

The questioner : I say: A person has accumulated, meaning he has a balance in the bank from the salaries he receives, and then he put part of this balance into investment. A lunar year has passed on the remaining balance. Does he pay zakah on the balance, meaning does he give zakah on the balance he put into investment and on the remaining balance, or only on the remaining balance?

The Shaykh : He pays zakah on all of it. Yes. He pays zakah on all of it.

The questioner : On all of it.

The Shaykh : Yes, because the one who has wealth that is clearly his property and surplus for his disposal, and the one who put it into investment intends trade from it,

The questioner : But if the ones who put it into investment are the ones who will pay its zakah, like the bank. Is that enough? Is it enough if, for example, I pay zakah on the rest?

The Shaykh : Yes, if the ones who have it pay zakah on all of it, you pay zakah on what you have, and they pay zakah on what they have,

The questioner : Yes, but if they are… if a year has not passed since the entry into the process, is there still no problem?

The Shaykh : They pay zakah on it along with their wealth.

The questioner : Yes.

The presenter : May Allah reward you with good.

The questioner : Meaning I only pay zakah on what I have now.

The Shaykh : You pay zakah on what you have if you are certain that they paid zakah on what they have.

The questioner : Yes, well, may Allah reward you with good, O Shaykh.

The Shaykh : All right.

The presenter : May Allah reward you with good.