{"id":74,"date":"2026-07-11T20:50:08","date_gmt":"2026-07-11T20:50:08","guid":{"rendered":"https:\/\/zakat-iq.com\/blog\/?post_type=fatwa&#038;p=74"},"modified":"2026-07-11T20:50:08","modified_gmt":"2026-07-11T20:50:08","slug":"zakat-on-money-saved-in-a-bank","status":"publish","type":"fatwa","link":"https:\/\/zakat-iq.com\/blog\/en\/fatawa\/zakat-on-money-saved-in-a-bank\/","title":{"rendered":"Zakat on Money Saved in a Bank"},"content":{"rendered":"<p class=\"font-claude-response-body break-words whitespace-normal\">All praise is due to Allah, and peace and blessings be upon the Messenger of Allah.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal\">Money deposited in a bank is considered monetary wealth subject to Zakat, and it becomes obligatory under the following well-known conditions:<\/p>\n<ol class=\"[li_&amp;]:mb-0 [li_&amp;]:mt-1 [li_&amp;]:gap-1 [&amp;:not(:last-child)_ul]:pb-1 [&amp;:not(:last-child)_ol]:pb-1 list-decimal flex flex-col gap-1 pl-8 mb-3\">\n<li class=\"font-claude-response-body whitespace-normal break-words pl-2\"><strong>Reaching the Nisab:<\/strong> The amount must equal the value of 85 grams of 21-karat gold.<\/li>\n<li class=\"font-claude-response-body whitespace-normal break-words pl-2\"><strong>Completion of one lunar year (Hawl):<\/strong> A full Islamic lunar year must pass over the ownership of the funds.<\/li>\n<li class=\"font-claude-response-body whitespace-normal break-words pl-2\"><strong>The money must be lawfully earned (halal).<\/strong><\/li>\n<\/ol>\n<p class=\"font-claude-response-body break-words whitespace-normal\">Accordingly, whoever has money in a bank that has reached the Nisab and over which a full lunar year has passed, is obligated to pay Zakat at a rate of one-quarter of one-tenth <strong>(2.5%)<\/strong>.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal\">And Allah knows best.<\/p>\n","protected":false},"featured_media":0,"template":"","fatwa_category":[],"class_list":["post-74","fatwa","type-fatwa","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/zakat-iq.com\/blog\/wp-json\/wp\/v2\/fatwa\/74","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zakat-iq.com\/blog\/wp-json\/wp\/v2\/fatwa"}],"about":[{"href":"https:\/\/zakat-iq.com\/blog\/wp-json\/wp\/v2\/types\/fatwa"}],"wp:attachment":[{"href":"https:\/\/zakat-iq.com\/blog\/wp-json\/wp\/v2\/media?parent=74"}],"wp:term":[{"taxonomy":"fatwa_category","embeddable":true,"href":"https:\/\/zakat-iq.com\/blog\/wp-json\/wp\/v2\/fatwa_category?post=74"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}