If one sells on installment and a lunar year has passed, does he pay zakah on the full amount or only on what he has received?
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success. He says: I bought a car for thirty thousand riyals and sold it on installment for fifty thousand riyals. The monthly installment is one thousand five hundred riyals, and I have accumulated eighteen thousand riyals. Do I pay zakah on what I have on hand, or on the full amount for which I sold it?
Answer:
You pay zakah on what you have with you, and you pay zakah on the entire remaining debt. You total it up and pay the zakah for every year. Yes.
Honorable Shaykh, may Allah grant you success. He says: I bought a car for thirty thousand riyals and sold it on installment for fifty thousand riyals. The monthly installment is one thousand five hundred riyals, and I have accumulated eighteen thousand riyals. Do I pay zakah on what I have on hand, or on the full amount for which I sold it?
Answer:
You pay zakah on what you have with you, and you pay zakah on the entire remaining debt. You total it up and pay the zakah for every year. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [2333 -2802] من باع بالتقسيط وحال عليه الحول هل يزكي عن المبلغ كاملا أم عن المقبوض فقط؟ — youtube.com
The Arabic text is a machine transcription of the audio recording.
