Mufti Online — Madrasah Ta'leemuddeen

Zakaat on loans

· 18 Dhuʻl-Qiʻdah 1440 AH1 min readEnglish

Question

If I have given loan to someone, do I need to include this in my asset calculation for upcoming year zakaat?

Answer

Yes.

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

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/29709
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-29709

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