Zakaat on loans owed to a person

Submitted by user2 on Tue, 2018-01-30 07:27

Q: 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.

A: 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:

Mufti Ebrahim Salejee (Isipingo Beach)

Category:

Zakaat›Factors that make Zakaat compulsory

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