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Do I need to pay Zakat on my Provident Fund that I received in 2009?

Answered as per Hanafi Fiqh by Darulifta-Deoband.com
I am a employee of a private Firm. I have received back by Provident Fund in April 2009. Kindly let me know that the Zakat will be given on that amount this year.

Answer

(Fatwa: 1480/1482/M=1430)

If you are already owner of nizab i.e. zakah is already obligatory upon you, so the time you will give your usual Zakah you will include this fund money in the same and give its Zakah as well. But, if you owned wealth equal to nisab only after having provident fund, you were not paying Zakah before that, then in April next year (2010) you will pay Zakah of this fund.

Allah (Subhana Wa Ta’ala) knows Best

Darul Ifta,
Darul Uloom Deoband

This answer was collected from the official ifta website of Darul Uloom Deoband in India.

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