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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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The Ruling on Borrowing from the Bank and the Zakah on Gold

Machine translationRead the Arabic original
The questioner:
More than the door. One. A portion of the amount. May Allah keep you safe. You bought gold with it, and a lunar year has passed over it. Is there zakah on the gold, and on the borrowed money, meaning is there zakah on it or not? And in a second question, may Allah preserve you. Listen to the Shaykh. Is it clear, Shaykh?

The Shaykh:
Yes. First, borrowing from the bank, my brother, is not permissible, because the bank does not lend except with riba (usury or interest). Yes.

The presenter:
The second question. Peace.

The questioner:
The second one, may Allah give you life. You took an amount from him and bought gold with it. Is there zakah on it? Has a lunar year passed over the gold?

The Shaykh:
Yes, yes. If a lunar year has passed over it, the zakah is due, and you pay out one-quarter of a tenth of it.

The presenter:
One-quarter of a tenth.
Source قناة «العلامة الدكتور صالح الفوزان»، [5272] ما حكم الاقتراض من البنك الربوي وما حكم زكاة الذهب المشترى بالقرض؟ - صالح الفوزان — youtube.com

The Arabic text is a machine transcription of the audio recording.

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