Factors that make Zakaat compulsory

When does zakaat become waajib

Q: I am a student at university. In possesion I have money that was given to me to cover university expenses. I have around R5000. By the end of the year it will be used up. I would like to know if zakaat is payable on it and wether qurbani is required. I also have a student bank account that doesn't accumulate interest until a year has lapsed. Due to the account being empty after a year, There will be no interest gained or taken, is it permissible. My bursary pays fees late every year and univerity charges me R30 interest. Should I give that R30 as charity, as it is out of my control?

Zakaat on compulsory pension/provident fund

Q: My company has a compulsory pension/provident fund that I am compelled to join. There is no option not to join. I was aware of it when I joined the company, and I signed all the necessary paperwork. Does it still count as a pension fund that is forced upon me, and do I still need to pay Zakaah on the payout. If Zakaah needs to be paid, then on what amount. Usually, the company takes off a certain amount off your salary, and puts it towards the pension fund. You have no access to this money while in the employ of the company. When you leave, the company subtracts off the tax portion, and then only gives you what is left. Does zakaat need to be paid on the full amount of the pension, or only the amount that is actually paid out (which has the tax subtracted)?