What is the zakah on borrowed money?
Machine translationRead the Arabic original
The questioner:
I borrowed a sum of money from a person, and a full year has passed.
The Shaykh:
Yes.
The questioner:
He says: I borrowed a sum of money from a person, and a full year has passed. How do I pay the zakah on this money?
The Shaykh:
Yes, you pay a quarter of a tenth (2.5%) of it. If the lunar year has completed and it is in your possession, you pay a quarter of a tenth of it.
I borrowed a sum of money from a person, and a full year has passed.
The Shaykh:
Yes.
The questioner:
He says: I borrowed a sum of money from a person, and a full year has passed. How do I pay the zakah on this money?
The Shaykh:
Yes, you pay a quarter of a tenth (2.5%) of it. If the lunar year has completed and it is in your possession, you pay a quarter of a tenth of it.
Source
قناة «العلامة الدكتور صالح الفوزان»، ما زكاة المال المستلف؟ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.