Home » Hanafi Fiqh » DarulUloomTT.net » I have some money invested into the Muslim Credit Union.
Question:
I have some money invested into the Muslim Credit Union. I am unable to access these funds. Do I have to calculate Zakaah on this, because that money is very unattainable to me?
Answer:
Salaams,
No, you do not have to calculate Zakaah on it. If you get it in future, you will have to pay Zakaah for the years that have passed (when you did not pay on it).
And Allah knows best,
Mufti Waseem Khan
7/8/2012
This answer was collected from DarulUloomTT.net, which is operated under the supervision of Mufti Waseem Khan from Darul Uloom Trinidad and Tobago.
Read answers with similar topics:
Zakaat| Cookie | Duration | Description |
|---|---|---|
| cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
| cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
| cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
| cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
| cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
| viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |