Zakah of a merchant who has debts
Machine translationRead the Arabic original
Question:
The questioner says: Shaykh, I am a merchant and a lunar year has passed in my trade, but I am in debt, meaning I have many debts. So how is the zakah realized in my wealth?
Answer:
You pay zakah on what you have, on the wealth you own, even if you have debts, according to the correct opinion, because debt does not exempt one from zakah. If you paid off the debt before the completion of the lunar year, there is no harm. But as long as the lunar year has completed on the wealth, you pay zakah on it. Yes.
The questioner says: Shaykh, I am a merchant and a lunar year has passed in my trade, but I am in debt, meaning I have many debts. So how is the zakah realized in my wealth?
Answer:
You pay zakah on what you have, on the wealth you own, even if you have debts, according to the correct opinion, because debt does not exempt one from zakah. If you paid off the debt before the completion of the lunar year, there is no harm. But as long as the lunar year has completed on the wealth, you pay zakah on it. Yes.
Source
قناة «إذاعة القرآن الكريم»، نور على الدرب مع فضيلة الشيخ صالح الفوزان ح7215 — youtube.com (19:40)
The Arabic text is a machine transcription of the audio recording.