I withdrew money from my EPF savings. Do I need to pay zakat on it?

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  The list and types of zakat that can be calculated and paid through MyEG according to the respective State Islamic Religious Councils are as shown in the table below: PPZ - MAIWP 1. Zakat on Income 2. Zakat on Business 3. Zakat on Gold 4. Zakat on ...

• What is Zakat?

  Zakat's Position in Islam: Fulfilling (paying) zakat is the third PILLAR OF ISLAM. It is obligatory upon every Muslim who meets all the required conditions to pay zakat. The Ruling on Fulfilling Zakat: Zakat is a personal obligation (Fardhu Ain) upon ...

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  Zakat must be paid every year as long as the savings remain above the Nisab and meet the haul requirement.

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  Savings zakat is based on accumulated funds that exceed nisab for a year. Income zakat is imposed on regular earnings exceeding nisab.

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