Zakaat Q&A (16/26)

· 10 Ramadan 1435 AH1 min readEnglish

Question

Do I have to pay Zakāt on money I have given to a brother as a loan?

Answer

Zakāt is compulsory on debt receivables arising from forwarding a loan or selling stock on credit. The total outstanding balance will be added to one’s gross assets.

Questions about this ruling, answered only from the archive with sources.

Where scholars differ, it’s safer to take the more cautious view.

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