Mufti Online — Madrasah Ta'leemuddeen

Zakaat on loans owed to a person

· 13 Jumada I 1439 AH1 min readEnglish

Question

I always paid zakaat on monies people owed to me regarding this as an asset. My question after listening to this mornings audio (zakaat on waived debt), does this mean I do not have to pay zakaat on monies due to me from loans given to a friend, family until such time as the money is repaid to me.

Answer

Zakaat is waajib upon loans that are owed to you.

For further details, refer to http://muftionline.co.za/node/38 and http://muftionline.co.za/node/15361.

And Allah Ta'ala (الله تعالى) knows best.

Answered by
Mufti Zakaria Makada
Checked & approved by
Mufti Ebrahim Salejee (Isipingo Beach)
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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/24225
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-24225

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