My parents gave me a sum of money

DWQA QuestionsCategory: zakaatMy parents gave me a sum of money
JonSnow Staff asked 4 years ago

My parents gave me a sum of money that i should use to pay for my study fees and to buy a plot of land for me one day for personal use. Is zakaat compulsory on this sum of money for the time that the money remains in my possession?

1 Answers
JonSnow Staff answered 4 years ago

If you started your studies and will finish your studies, then the sum to be paid to the university is a debt and not Zakaatable. But if you intend to buy a plot of land, but did not make any dealing yet, then the money is Zakaatable.