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savings zakah

Zakah on RRSP (Registered Retirement Savings Plan)

April 18, 2025April 15, 2025 by Dr. Mamoud Omar

Q1: Do I have to pay zakah on my RRSP or other savings plans like educational savings?A1: Yes, you have to pay zakah if: Q2: But what if I can only access my RRSP funds after many years (like 20–25 years)?A2: If you don’t have full access, zakah is calculated based on the accessible portion … Read more

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