Zakah is due on the money kept in one's trust

Q 2: I keep a trust, which is a sum of money, that belongs to some of my relatives (Part No. 8; Page No. 235


A: It is Wajib (obligatory) on you to pay the Zakah due on this money if it reaches the Nisab (the minimum amount on which Zakah is due) and a Hawl (one lunar year calculated from the time a property reaches the minimum amount upon which Zakah is due) has passed on it while it is in your possession. The requirements of the Shar`y (Islamically lawful) guardianship include the investment of the wealth of those under guardianship so that it is not consumed through Zakah. Your reference in all this is the Shar`y court. Thus you should consult it in order to examine the matter according to Shari`ah (Islamic law).May Allah grant us success. May Peace and Blessings of Allah be upon our Prophet Muhammad, his family and his Companions!

Tags: