Is zakah obligatory on a shop that has debts?
Machine translationRead the Arabic original
Question:
I have a shop with debts, so is zakah obligatory on the shop?
Answer:
Zakah is obligatory on the money you possess once the lunar year has passed. If the lunar year has passed and you have money in the form of currency or trade goods, you must pay zakah on it, even if you have debts. You pay zakah on what you have, what you own, and what is your property, including the debts people owe you, because they are your property. So when the lunar year has passed, you pay zakah on all the zakatable wealth you own. Yes.
I have a shop with debts, so is zakah obligatory on the shop?
Answer:
Zakah is obligatory on the money you possess once the lunar year has passed. If the lunar year has passed and you have money in the form of currency or trade goods, you must pay zakah on it, even if you have debts. You pay zakah on what you have, what you own, and what is your property, including the debts people owe you, because they are your property. So when the lunar year has passed, you pay zakah on all the zakatable wealth you own. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، هل تجب الزكاة على محل عليه ديون؟ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.