accumulate zakat

aak
By aak

Can I open an account and accumulate my yearly zakat money in it. I want to to give it to a needy for his daughter's marriage after 5 years...

By aak• 9 Oct 2007 12:07
Rating: 3/5
aak

Han,

I think i have also come to the same conclusion, based on the fact that the recipient has to be made the owner...But it is not necessary that the Zakat should be paid in the month of Ramadan...It should be paid in full one year from when you went above th threshold (nisab)... For all practical purpuses people keep it as Ramadan or sometime December...

...You can't mean what you say unless you can say what you mean...

By han19• 9 Oct 2007 11:58
Rating: 5/5
han19

i am not an expert but the entire point of zakat is charity. if you opened an account for that girl and deposited money in it, where she has control over it, then its probably fine, but to accumulate it in you own account would not consitute zakat. it would only be shifting assets from one place to another. this is my understanding. and zakat should be during the month of ramadan, besides other charities that you may do.

hope this helps.

happy heart

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