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  • Zakat on a 401(k) and IRA: The Scholarly Positions and How to Calculate It

    Zakat on a 401(k) and IRA: The Scholarly Positions and How to Calculate It

    Yes — according to the Fiqh Council of North America, zakat on a 401(k) or IRA is an annual obligation, not something you wait until retirement to pay. The Council’s reasoning is that the money is yours: it sits in an account in your name, it grows for you, and you can reach it (with…


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