Fatwa ID: 04248
Answered by: Maulana Naieem Mohammad
Question
$1500 from the wealth of the deceased was left aside to make a stone that was to be put on his grave. A year passes and due to reasons that money is still there and they weren't able to place an order for the stone yet, will they pay Zakat on that $1500?
بِسْمِ اللهِ الرَّحْمنِ الرَّحِيْم
In the name of Allah, the Most Gracious, the Most Merciful
Answer:
Zakat is compulsory upon all monetary assets when the money is in possession for one lunar (Islamic) year and it reaches the nisaab amount (after deducting any debts and usual expenses)[1].
Concerning the money for the tombstone, if it is above the nisaab amount then Zakat will have to be deducted from it.
Only Allah knows best
Written by Maulana Naieem Mohammad
Checked and approved by Mufti Mohammed Tosir Miah
Darul Ifta Birmingham
[1]Radd Muhtar, Page 259, vol 2, HM Saeed print. Mukhtasar Qudoori, Page 51. Fatawaa Hindiyya, Page 189, vol 1.