Zakat Expert

Is zakaat compulsory on money which has been put into a “kitty”

A: Kitty and committee schemes are lending schemes. Money put into a kitty and committee scheme is Zakatable. Any money owed to the scheme can be deducted from one’s Zakatable assets value.

And Allah knows best!

Mufti Faraz Adam

Helping you bring Zakat
to life where you live.

 

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