Question ID: 21330
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Assalaamualaikum Mufti- My question is on zakaat, I have three children and over the years we have saved all their monies which they received as gifts with the intention of giving it to them when they are grown up or when the need arrises. My 2 sons are still at school and my daughter is studying from home. Her studies are being paid for by her Nana. Do we have to pay zakaat on their monies? I am in no-way questioning the paying of zakaat but if we do have to pay zakaat then over the years the monies will become depleated and then there will be nothing left. Please advise. Jazakallah

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Asked on October 8, 2009 12:00 am
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Answered on October 8, 2009 12:00 am