Whenever a lunar year passes over wealth, zakah is due on it

Q: Is zakah obligatory on savings that have already had their zakah paid, which are kept in the bank and not used for trade?

A: If the wealth mentioned is currency in the form of gold and silver, or commercial paper and paper currency, then zakah is obligatory on it whenever a lunar year passes over it, by the consensus of the scholars regarding gold and silver, and paper currency is linked to them in the most correct of the scholars' opinions. However, if the savings are not of these types but are goods, such as vessels, various types of clothing, wood, and the like, then there is no zakah on them if their owner did not intend to keep them for trade, but rather intended to preserve them or use them. And success is from Allah.