Yes one has to pay zakat on the savings of over a year.

Does one have to pay zakat over money deposited in Fixed Deposit account in a bank for a year or more. The deposit is for security reasons as as one fears about cyber thefts. Of course, the interest earned is not utilized for self and is given to poor and needy.

Zakat | October 23, 2017 6:45 pm
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Please is it allowed to give zakat weekly? I am asking this because i recieve my salary weekly and i am paid according to the hours or days that i work. I’m confused how to give it yearly because there are times i dont work for about 3 months. I hope you enlighten me on this.
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My husband have earned a good amount of money and have it in his possession for more than a year. I have asked him to pay zakat on that money but he didn’t. Will i be also sinful for it?