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The question

Is it permissible to collect zakat funds and keep them for several years in order to build an endowment for housing the poor and needy?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

This act is not permissible. may not be delayed and must be paid immediately unless there is a valid excuse. Furthermore, the deserving recipient must take possession of it, so it is not permissible to make zakat funds an endowment (waqf).

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
118751
Imported
Translation status
Source text, unreviewed
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