Bararthani Posted September 24 Share Posted September 24 Question: Why there is no zakat on bank accounts and monetary bills? Answer: There are certain specific things which have obligatory Zakat. As for Mustahab Zakat, it includes everything. Money deposited in bank does not have obligatory zakat. Rather, khums is payable on it, if it is not spent for expenses in a complete lunar year. Quote Link to comment Share on other sites More sharing options...
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