Question ID: 23927
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Asalaamu Alaikum
I trust that you are well.
I am calculating my Zakaah and would like advice on something. I currently have a pension fund which is a mandatory deduction from my salary by my company. My contribution is 45% and the companies 55%. This money is not physically in my possesion.
– Do I pay Zakaah on the amount now?
or
– Do I pay Zakaah on the amount once I cash out my pension on retirement?
– Do I pay Zakaah on only my 45% contribution or the total amount?
Please advise which is the best option.
Shukran

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Asked on August 26, 2010 12:00 am
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Private answer
a) No
b) Yes
c) No
Marked as spam
Answered on August 26, 2010 12:00 am