Question ID: 30344
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Asalaamualaikum

Kindly advise

I am 32 years old

I have Oasis crescent retirement annuity.

Rules on Withdrawal or Retirement:
A member may only withdraw or retire from the Fund between the ages of 55 and 70.

Do i pay zakaat on :

1) the total value of the annuity or

2) on the contribution for this year or

3) no zakaat to be paid at all as i am unable to withdraw the money till i am 55 years.

Jazakalah

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Asked on July 30, 2013 7:25 pm
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Private answer
No (3). When you receive the money then pay on it.
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Answered on July 30, 2013 7:25 pm