Dar Al Iftaa reveals cases of zakat on money saved in the bank

The Egyptian Dar Al Iftaa published a fatwa on the official page on the social networking site “Facebook” about zakat on the money saved in the bank, stressing that if the money saved in the bank has reached the legal quorum for the money in which zakat is due – which is 85 grams of 21 carat gold – and passed He owed it a full lunar year, and it was in excess of his owner’s necessary need. Zakat was due at the rate of 2.5%.

And the Egyptian Dar Al Iftaa answered, earlier, on its official page on the social networking site “Facebook” a question that reads: “What is the Sharia ruling on Savings certificatesShe said: “There is a difference in the legality of banks and their work among jurists from the beginning of their emergence and the practice of their activities until now. Some jurists prohibit its dealings or most of it, and some of them see its permissibility and legalization, and the matter of matters in which there is disagreement among the mujtahids is that the imitators have the right to imitate any of their opinions, and there is no embarrassment for them in that.

And Dar Al-Iftaa continued: “Accordingly, and in the matter of the question: you must realize that usury has been forbidden by God Almighty, and that it is agreed upon that it is forbidden, and you must realize that the work of banks differed in their portrayal, conditioning, judgment and fatwas regarding them, and that you realize that going out From the disagreement is desirable, and despite that, you have the right to imitate the one who authorized it, and there is no prohibition for you at that time to deal through savings certificates.