http://askaquestionto.us/tag/zakat-for-savingsAsk your questions, find authentic answersMy wife has joined college. I'm not taking loan to pay her fee. I have substantial savings which I'm planning to use for her education. All my savings will be used for paying her fees in next 3 years. I would actually end us paying some loan too. Do I have to pay zakat on this saved money which I have committed for my wife's education (knowing that it will be less than total tuition and I'll end up getting some loan)http://askaquestionto.us/question-answer/zakat/should-i-pay-zakat-for-my-commited-savingsZakat (Alms)Wed, 08 Aug 2012 17:13:00 GMT