Do I still have to pay Zakah on my frozen pension fund ?
Fatawa Question
Do I still have to pay Zakah on my frozen pension fund ? I have a pension which is now frozen where I have selected the funds. The pension is invested in shares. Both myself and my employer had contributed to the pension. The pension has made a profit. Can you please confirm the following : • Do I pay Zakah on the entire fund value ? • Is Zakah liable at 100 % of the fund value or just on the profit or just on the contributions ? • As it is share based, do I pay on the whole fund or just the percentage of it relating to Zakatable assets. As it is based on shares, how would I work this out ? I can’t get very specific information from the fund managers.
Fatwa
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Publisher
al-Qalam Shariah Scholar Panel
Publication Date
2011-08-20
Country of Publication
United Kingdom
Main Subjects
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-727365
American Psychological Association (APA)
al-Qalam Shariah Scholar Panel (Manchester, England). 2011-08-20. Do I still have to pay Zakah on my frozen pension fund ?. . Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-727365
Modern Language Association (MLA)
al-Qalam Shariah Scholar Panel (Manchester, England). Do I still have to pay Zakah on my frozen pension fund ?. Manchester England : al-Qalam Shariah Scholar Panel. 2011-08-20.
https://search.emarefa.net/detail/BIM-727365
American Medical Association (AMA)
al-Qalam Shariah Scholar Panel (Manchester, England). 2011-08-20. Do I still have to pay Zakah on my frozen pension fund ?. Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-727365
