No zakat on money given to a minor

Question

Zayd spent money from his pension or provident fund (an employee savings fund) in the following way: (1) He bought a house, for which he receives rent of one hundred rupees a month. (2) He set aside five thousand rupees for all the expenses of his daughter’s wedding; the daughter is still studying. (3) He had gold jewellery of five tolas (a unit of weight, ≈ 11.66 g) made for his daughter. (4) He deposited four thousand rupees in a bank in the name of his younger son, who is still studying.

Answer

The money and jewellery that Zayd took out of his own ownership and gave into the ownership of others — a son, a daughter and so on — handing it over into their possession (that is, he made a valid gift, hiba, according to the Shari‘a), their zakat is not Zayd’s responsibility. Taking possession (qabd)

Source: Fatawa Mahmudiyya

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