-
Zakat On Retirement Fund 401(k)
According to Islamic guidance, what is the ruling concerning zakat for a retirement fund, such as a 401(k)? You are currently employed but intend to retire in a few years and plan to rely on your 401(k) income upon retirement. Suppose you have accumulated $500,000 in your 401(k). Is it obligatory for you to pay zakat on this amount?
JazakAllah
-
1 Reply
-
Zakat On Retirement Fund 401(k)
updated 7 months, 3 weeks ago
2 Members
·
1
Reply
-
Sponsor Ask Ghamidi
Please sponsor Ask Ghamidi so that we can continue to provide and improve this community platform.
In the last 2281 days, 10,256 registered users have posted 71,640 messages under 21,394 unique topics on Ask Ghamidi.
