Is zakah obligatory on one who has a debt?
Machine translationRead the Arabic original
Question:
May Allah reward you. This person, may Allah protect you, asks: Is zakah obligatory on me, given that I have real estate loans and also personal loans?
Answer:
Yes. If you have wealth that reaches the nisab (the minimum threshold for zakah) or more, and a lunar year has passed over it, then zakah is obligatory on it, even if you are in debt or if your funds are set aside to pay off a debt or for a pressing need. Zakah is obligatory on it because the conditions for its obligation are met, so you pay its zakah, which is one-quarter of one-tenth. Yes.
May Allah reward you. This person, may Allah protect you, asks: Is zakah obligatory on me, given that I have real estate loans and also personal loans?
Answer:
Yes. If you have wealth that reaches the nisab (the minimum threshold for zakah) or more, and a lunar year has passed over it, then zakah is obligatory on it, even if you are in debt or if your funds are set aside to pay off a debt or for a pressing need. Zakah is obligatory on it because the conditions for its obligation are met, so you pay its zakah, which is one-quarter of one-tenth. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، هل تجب الزكاة على من عليه دَين؟ - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.