Q: Is Zakat due on a Personal Pension Plan?
A: If the Personal Pension Plan is a defined contribution scheme, you will need to pay Zakat on the Zakatable assets in the portfolio annually.
And Allah knows best!
Mufti Faraz Adam
A: If the Personal Pension Plan is a defined contribution scheme, you will need to pay Zakat on the Zakatable assets in the portfolio annually.
And Allah knows best!
Mufti Faraz Adam