Mufti Online — Madrasah Ta'leemuddeen

Do I have to pay zakaat on money in my pension and provident fund?

Published as Zakaat on Pension or Provident Fund

· 24 Jumada II 1433 AH1 min readEnglish

Question

Do I have to pay zakaat on money in my pension and provident fund?

Answer

If the provident fund is compulsory i.e. it was created without your choice then you don’t need to pay zakaat on it.

References (Arabic / Urdu sources)

( وسببه ) أي سبب افتراضها ( ملك نصاب حولي ) نسبه للحول لحولانه عليه ( تام ) بالرفع صفة ملك ( الدر المختار 2/259)

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
View original Compare with other Darul Iftas
Questions about this ruling, answered only from the archive with sources.

Where scholars differ, it’s safer to take the more cautious view.

Fatawa SA is an independent, read-only index of fatawa already published by Mufti Online — Madrasah Ta'leemuddeen. It is not a fatwa service. For your own situation, please ask a Mufti. Report an issue

For corrections or mistakes, please email us at fatawasa786@gmail.com.

Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/435
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-435

People also ask

Is zakaat payable on pension, provident fund or retirement annuity?

“We've previously answered an inquiry regarding Zakat on voluntary retirement savings plans where the employer also contributes. For details, kindly see Ask Imam #29670.”

Ask Imaam · 41 fatawa from 7 Darul Iftas on this

What the Darul Iftas say

Same question, other Darul Iftas

The closest match from each Darul Ifta, found by wording. Check that the question matches yours.

Compare the answers side by side

Related fatawa