Zakah on pension plans and provident funds : Zakah on 401 K
Fatawa Question
As Salamu Alaikum I hope your Ramadan is going well, and that this email reaches you in good spirit. I have a question about the Zakah Calculation Form, which has recently come to me by one of our members. The person has a 501K and he wants to know if the entire amount of the 501 k needs to be included in the calculations, or only the amount that is currently available to him. My instinct tells me that it would be only the amount that is currently available to him, but I wanted to ask you and make sure. Was Salam
Fatwa
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Publication Date
2006-10-05
Main Subjects
Economics & Business Administration
Islamic Studies
No. of Pages
2
Data Type
Fatawa
Language
English
Record ID
BIM-792354
American Psychological Association (APA)
Qahf, Mundhir. 2006-10-05. Zakah on pension plans and provident funds : Zakah on 401 K. .
https://search.emarefa.net/detail/BIM-792354
Modern Language Association (MLA)
Qahf, Mundhir. Zakah on pension plans and provident funds : Zakah on 401 K. 2006-10-05.
https://search.emarefa.net/detail/BIM-792354
American Medical Association (AMA)
Qahf, Mundhir. 2006-10-05. Zakah on pension plans and provident funds : Zakah on 401 K.
https://search.emarefa.net/detail/BIM-792354
