Jurisprudence & Religious affairs
Jurisprudence & Religious affairs

Khums on the bank deposit

The banks have a method for depositing money which makes it inaccessible to the depositor. It is in fact kept in one’s bank account with a particular method of computation. Is khums applicable to that money?

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Settling the deceased’s debts from the estate
Settling the deceased’s debts from the estate
Q358 . Is the debt of the deceased considered among the right of people so that his heirs have to pay it from the deceased’s estate?
A: Irrespective of whom he owes to, i.e., be it to a real or legal entity, their rights have to be upheld. Therefore, it is obligatory on the heirs to pay the creditors or their heirs the debt from the deceased’s estate. Furthermore, they have no right to make use of the estate before they have settled the outstanding debts the deceased owed to other people.