ANSWER:

No, as this money is not his yet. It is there for safekeeping.

He must take the interest and give it to muslim charity.

My father has two tenants, a Muslim and a Hindu. Both gave some security money which is to be returned after deducting any due rent at the end of rent contract if not renewed. He kept this money in a bank account which generates around 0.5 percent profit annually. Is he supposed to pay zakaah on this security amount?

Riba, Zakat | July 28, 2021 9:16 pm
Previous

My family is forcing me to do education on riba based loan. I refused to do so. My mother started crying and said she’s dead to me. Everyone is elder and they are forcing me to do it. They don’t follow the Shaira rules and said to me you don’t know about life. Please I need advice what should i do.
Next

I don’t earn but I have some savings in cash (not much). How much is the minimum amount of cash (in riyals) that I must have so that I become eligible for paying zakah of that particular amount?