[Zakah on RSP accounts in Canada]

Fatawa Question

As-Salamu `Alaykum. Do we need to pay Zakah al-Mal on our RSP account and my kids RESP ? The money in these accounts is invested in the stock market, which means the value is variable every day. Could you please let me know as soon as possible ?

Fatwa

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Publication Date

2012-03-20

Main Subjects

Financial and Accounting Sciences
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-733145

American Psychological Association (APA)

Qahf, Mundhir. 2012-03-20. [Zakah on RSP accounts in Canada]. .
https://search.emarefa.net/detail/BIM-733145

Modern Language Association (MLA)

Qahf, Mundhir. [Zakah on RSP accounts in Canada]. 2012-03-20.
https://search.emarefa.net/detail/BIM-733145

American Medical Association (AMA)

Qahf, Mundhir. 2012-03-20. [Zakah on RSP accounts in Canada].
https://search.emarefa.net/detail/BIM-733145