Zakaat on Jewellery if One is in Debts

· 28 Rajab 1433 AH1 min readEnglish

Question

I have jewellery for more than a year. However, I also have a personal loan for the same amount for which I am paying monthly and interest. So I am in debt for that much of amount the worth of which I have jewellery for more than a year. So do I need to pay zakaat for this ?

Answer

No. There will be no zakaat on the jewellery.

References (Arabic / Urdu sources)

( وسببه ) أي سبب افتراضها ( ملك نصاب حولي ) نسبه للحول لحولانه عليه ( تام ) ... ( فارغ عن دين له مطالب من جهة العباد ) .( الدر المختار 2/259)

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
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People also ask

Do debts reduce zakaat, and is zakaat due on money owed to me?

“If the zakat recipient allows you to pay off his debts without him personally taking possession of the zakat money, it will be valid.”

Ask Imaam · 126 fatawa from 7 Darul Iftas on this

What the Darul Iftas say
Is zakaat payable on jewellery?

“It is compulsory to pay zakat on jewellery made from gold and silver. You may pay your wife’s zakat on her jewelry with her consent Abu Ali ad-Dagestani Student Darul Iftaa”

Ask Imaam · 74 fatawa from 6 Darul Iftas on this

What the Darul Iftas say