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Dar Al-Ifta Explains Zakat on End Bonuses
The Egyptian Dar Al-Ifta clarifies that Zakat on a end-of-service bonus is not obligatory before it is received and fully paid. The Islamic lunar year (hawl) begins from the date the amount is received. If the recipient of the bonus does not have other saved funds, a new hawl begins from the day they receive the bonus, and Zakat at a rate of 2.5% must be paid once the Islamic conditions are met. However, if they have other saved funds, the end-of-service bonus is added to those funds, and Zakat is calculated on the total amount when the conditions for Zakat are fulfilled. These conditions include reaching the nisab (threshold), which is equivalent to 85 grams of gold; passing a full lunar year on the total funds; and the money being fully owned by the recipient.
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