My question is regarding the offset account which is normally attached to a home loan. Normally offset account helps with the home loan repayment’s interest figure. If there is an amount in that offset account does khums have to be paid on that figure if- 1. The amount is owned by that individual 2. The amount is owned by bank as part of the loan however it hasn’t been taken out.

1. Yes, you need to pay khums on it
2. No, if the bank owns it and you have no access to it then no.