Zakaat Q&A (15/26)
Question
Is Zakāt binding on cash in a bank account?
Answer
Zakāt is obligatory on all cash whether in one’s physical possession or in a bank account.
Fatawa SA is an independent, read-only index of fatawa already published by Jamiatul Ulama KZN. It is not a fatwa service. For your own situation, ask the issuing Darul Ifta directly.