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Zakaat for Children

Answered as per Hanafi Fiqh by Askmufti.co.za

Q: I want to save some money for my 5 year old daughter for her future. Do I have to pay zakat on her account?

A. If you have made your minor daughter the owner of the money, no Zakaat will be paid on that money until she reaches puberty.

If you are still the owner of the money, then you will pay Zakaat on it.

Moulana Yusuf Laher
Checked and approved by: Mufti Siraj Desai

This answer was collected from AskMufti.co.za, which is operated under the supervision of Mufti Siraj Desai of Darul-Uloom Abubakr, South Africa.

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