The ruling on the zakah of wealth accumulated for marriage and other purposes

The following message was received from the Arab Republic of Egypt, Suez. The sender is our brother Ahmad Abdullah. Our brother says: I am an employee working for one of the companies. The company I work for sent me abroad to study. While I was abroad studying, the company deposited my monthly salary and allowances in the bank. Two years have passed, and the money has been accumulating in the bank. I have only taken out small amounts while I was in my country, then I would travel to complete my studies. The question here is: Is there zakah due on this money? I do not save it for trade or the like, but rather I am accumulating it until I finish my studies and return to my country permanently so that I can marry from it and build my family? And if there is zakah, what is the amount?
Answer: There is no doubt that the wealth a believer accumulates, whether for marriage, or for building a residence, or for something else, is subject to zakah. This is because Allah (Mighty and Majestic) made zakah obligatory on the two types of currency and what serves as their equivalent in trade, and He also made zakah obligatory on grazing livestock, namely camels, cattle, and sheep. He also made zakah obligatory on merchandise prepared for sale, and on grains and fruits when they reach the nisab (minimum threshold for zakah).
Therefore, this wealth that is kept in the bank and deposited in banks, so that its owner can benefit from it to pay off a debt, or to benefit from it for marriage, or for building a residence, or for anything else, all of it is subject to zakah. We are not aware of any disagreement among the scholars on this matter, provided it reaches the nisab and a lunar year has passed over it. The obligatory amount is one-quarter of one-tenth; that is two and a half for every hundred, and twenty-five for every thousand. This is the obligation according to all the scholars: one-quarter of one-tenth, as the Prophet (peace and blessings be upon him) explained. He said: This is what he (peace and blessings be upon him) said. Yes.