Ruling on the zakah of money saved in the bank
Machine translationRead the Arabic original
Question:
A letter reached the program from one of the listening brothers, asking a number of questions. This listener did not mention his name; rather, his questions are as follows. In his first question, he says: Is zakah obligatory on money deposited in the bank for the sake of his need in case of necessity, and not for trade?
Answer:
Yes, zakah is obligatory on money deposited in banks or other places if it reaches the nisab and a lunar year has passed over it, whether it is deposited in the bank, with some trustworthy people, or in any other place.
A letter reached the program from one of the listening brothers, asking a number of questions. This listener did not mention his name; rather, his questions are as follows. In his first question, he says: Is zakah obligatory on money deposited in the bank for the sake of his need in case of necessity, and not for trade?
Answer:
Yes, zakah is obligatory on money deposited in banks or other places if it reaches the nisab and a lunar year has passed over it, whether it is deposited in the bank, with some trustworthy people, or in any other place.
Source
binbaz.org.sa
The Arabic text is copied verbatim from the original source, without any edits.