SANZAF ZAKAH GUIDE 1:10
Pension, Provident Funds and Retirement Annuities (RA's) are similar to the extent that they are a form of savings for the future. However, they differ in that while Pension and Provident Funds are generally a condition of employment, Retirement Annuities (RA's) are taken out voluntarily by the beneficiary.
The compulsory vs voluntary nature of how the item came to be makes Pension & Provident Funds not subject to Zakah while Retirement Annuities (RA's) are subject to Zakah.
How to pay Zakah on Retirement Annuities (RA's)
For more information contact us on our Official WhatsApp Number: 072 733 1727
Western Cape Collection points
Watch this short message to the Class of 1976 from the SANZAF Bursary Students Class of 2016.
SANZAF has invested over R16 million in bursaries in 2016, just one of the ways in which we are investing in our youth
SANZAF Changing Lives Through Development and Relief
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SANZAF WC general manager, Yasmina Francke, addresses students on the value of education
Parents were also invited to share the experiences and challenges they face in regards to their children’s education