Waiving off a debt and considering it to be zakaat

Q: If I lent someone cash as a loan and at first have every intention of asking it back. However, after sometime I decide to not and forgive them can this be considered zakaat? Also do I have to inform this is forgiven as zakaat.

A: No.

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

Answered by:

Mufti Zakaria Makada

Checked & Approved:

Mufti Ebrahim Salejee (Isipingo Beach)