Question
A man opened a savings account for his aunt. However, she is unable to use any of the money. Only the man (her nephew) has the right to withdraw money and spend on her. Does she have to pay Zakaat on the savings?
Answer
Since the aunt has no access to the money, in terms of the Shariah she is not the owner. She becomes the owner of only that portion which is given into her physical possession. The money in the bank still belongs to the person who had deposited it for his aunt's needs. He has to pay the Zakaat, not the aunt.
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 21 No 01
- PDF page
- 5
Appears under Questions and Answers (approximate).