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Zakat on savings.


I have saved some money over a year which I am InsahAllah going to use as deposit to mortgage my first house.

I wanter to know if this saving will be considered excess wealth and do I have to pay zakat on it ?

Or because I have saved for specific necessity and zakat is not liable on it ?


Wa Alaikum al-salam

Thanks for your question.

It seems you meant khums, According to ayatullah sistani khums is due on any savings regardless of whether you are saving for a particular thing or not.


Sheikh mahdi mosayyebio