The Ruling on the Zakah of the Debtor
Machine translationRead the Arabic original
Question:
Ahmad from Buraydah, please, Ahmad. Peace be upon you. And upon you be peace. May Allah grant you well-being. I wanted to ask the Shaykh about paying zakah for someone who has a bank mortgage loan and has a sum of money that has reached the nisab (minimum threshold for zakah). Is the amount of the debt to the bank deducted from the sum, or not? Regarding the payment of zakah for someone who has a bank loan, is it deducted from this loan if he has a debt?
Answer:
No, he pays zakah on the money he has, even if he has debts. He pays zakah on the money that is in his possession. Yes.
Ahmad from Buraydah, please, Ahmad. Peace be upon you. And upon you be peace. May Allah grant you well-being. I wanted to ask the Shaykh about paying zakah for someone who has a bank mortgage loan and has a sum of money that has reached the nisab (minimum threshold for zakah). Is the amount of the debt to the bank deducted from the sum, or not? Regarding the payment of zakah for someone who has a bank loan, is it deducted from this loan if he has a debt?
Answer:
No, he pays zakah on the money he has, even if he has debts. He pays zakah on the money that is in his possession. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [4422] حكم زكاة المَدين - صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.