Question ID: 28322
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ASSALAMOALAIKUM.. DO WE PAY ZAKAAT ON PENSION FUND. A CERTAIN % IS DEDUCTED EVERY MONTH TOWARDS PENSION FROM OUR WAGE & THE EMPLOYER CONTRIBUTES A CERTAIN PERCENTAGE TO THE PENSION FUND ON OUR BEHALF. HOW DO WE CALCULATE ZAKAAT – IF WE HAVE TO CASH IT WHEN WE LEAVE WE DO NOT GET EVERYTHING CONTRIBUTED BECAUSE ITS NOT DUE & TAX IS DEDUCTED BEFORE WE GET PAID OUT. WE ARE NOT AWARE HOW MUCH WE WOULD GET WHEN WE DO DECIDE TO CASH IN. JAZZAKALLAH.

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Asked on September 21, 2008 12:00 am
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Not at this stage. On cashing. The amount received is Zakaatable
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Answered on September 21, 2008 12:00 am