The real value of gold ..

[OYMWA]

Re: The real value of gold ..

@TS

Do people need to pay zakat on their retirement funds in the Western countries where there would be a big penalty and tax implications if they withdrew the money early ? Meaning they really do not have access to this money to use until retirement age.

I think there is a difference of opinion among ulema on this. Some say that since you don’t have control over it, you are not liable till you get control. Some say you do have control, coz you are making investment decisions on that money. One eg. of the latter is here: Public » Askimam