Is there a difference between Provident and Pension Funds when it comes to Zakaat?
Question
1.Zakaat - I have a compulsory Provident Fund - Is Zakaat payable on this? Is there a difference between Provident and Pension Funds when it comes to Zakaat?
Answer
It is important for us to know the rules of the Provident Fund to issue a ruling.
and Allah Ta'ala Knows Best
Mufti Ebrahim Desai
- Answered by
- Mufti Ebrahim Desai
Questions about this ruling, answered only from the archive with sources.
Where scholars differ, it’s safer to take the more cautious view.
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Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/13722
Fatawa SA: https://fatawa.co.za/fatwa/askimam-13722
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