Home Istiftaat Saving money and khums

Saving money and khums

Q: I am actively saving money to buy a property for my family over the next few years. Do i still have to pay khums on my savings as it will severely hinder my chances to afford anything?

      A: What you save and remaining for one year without spending it on your needs, you have to pay Khums for it for once only. Moreover,obligatory charity(zakat) brings blessings and increase the money, Allah willing.