Is zakah paid on a debt?
Machine translationRead the Arabic original
Question:
May Allah reward you, Your Eminence, father. The questioner says: If a person has a debt owed to him by someone, and it is due after ten years, does the owner of the money pay zakah on the money he lent to this debtor?
Answer:
Yes, he pays zakah on what he owns. He pays zakah on everything he owns, whether it is in his hand or in the debts of people, because when the lunar year of possession has passed, he pays zakah on it. Yes.
May Allah reward you, Your Eminence, father. The questioner says: If a person has a debt owed to him by someone, and it is due after ten years, does the owner of the money pay zakah on the money he lent to this debtor?
Answer:
Yes, he pays zakah on what he owns. He pays zakah on everything he owns, whether it is in his hand or in the debts of people, because when the lunar year of possession has passed, he pays zakah on it. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [297- 4717] هل يزكى عن الدين؟ - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.