FatwaPerlisZakat
Zakat Kumpulan Wang Simpanan Pekerja (KWSP)
Is zakat obligatory on EPF (KWSP) savings, and how is it calculated?
Short answer
EPF money that has been withdrawn by the contributor is subject to zakat once a full year (haul) has passed.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Perlis State Mufti Department
- Status
- Fatwa committee decision
- Series
- Himpunan Fatwa Negeri Perlis
- Topic
- Zakat
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
EPF money that has been withdrawn by the contributor is subject to zakat once a full year (haul) has passed. The rate is 2.5 percent of the amount on the day the haul ends, provided the remaining sum reaches the nisab threshold. Early payment before the haul is complete is permitted, but the amount is still based on the final balance when the haul is completed. EPF funds may also be distributed as inheritance after funeral matters, debts and bequests are settled.
Written in our own words from the original fatwa — check the source before acting on it.
Wang KWSP setelah dikeluarkan oleh pencarum diwajibkan zakat setelah mencukupi haul.
Read the full fatwa on the Perlis website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Perlis State Mufti Department. “Zakat Kumpulan Wang Simpanan Pekerja (KWSP)”, date not stated. https://muftiperlis.gov.my/index.php/himpunan-fatwa-negeri/1666-zakat-kumpulan-wang-simpanan-pekerja-kwsp-2. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/is-zakat-due-on-epf-savings/