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Paying zakat on savings

Q:

Salam, I wanted to ask a question regarding paying zakat on money I have saved for over a year. If I am planning to spend the money saved within the next month, do I still pay zakat on it since I have had the money for a full year? Your advice is appreciated.

A:

Waalykum salam 

 
Thank you for your Question.
 
Any amount that a person has in hand for a year and has not had the need to use it during the period, then he has to pay Khums on it. 
 
Kindly refer to the following for khums: 
https://www.sistani.org/english/book/48/2280/
(1) Dhimmīs are People of the Book (ahl al-kitāb) – i.e. Jews, Christians, and Zoroastrians – who have entered into a dhimmah treaty, i.e. an agreement that gives them rights as protected subjects in an Islamic state.
www.sistani.org
 
Kind regards
Naajiya Jaffery