Zakaat on pension fund
Q: I will be leaving my employer and would like to know how to calculate the zakaat on my pension fund withdrawal. I have worked at the current place for 4-5 years. Should I calculte zakaat on the value as it is on my last day or do I need to go back, work out the values on each year and then calculate zakaat on each year?
A: You will pay zakaat for the last year only.
And Allah Ta’ala (الله تعالى) knows best.