The zakah on a benevolent loan if several years have passed
Machine translationRead the Arabic original
Question:
The questioner says: As for the money I lent to my brothers or colleagues as a benevolent loan, is zakah obligatory on it? And if more than five years have passed, how do I pay its zakah?
Answer:
Yes, it is obligatory for you to pay its zakah whenever a lunar year has passed and it reaches the nisab. You must pay the zakah for the number of years that have passed; you count them, calculate the zakah, and pay it. This is necessary. Yes.
The questioner says: As for the money I lent to my brothers or colleagues as a benevolent loan, is zakah obligatory on it? And if more than five years have passed, how do I pay its zakah?
Answer:
Yes, it is obligatory for you to pay its zakah whenever a lunar year has passed and it reaches the nisab. You must pay the zakah for the number of years that have passed; you count them, calculate the zakah, and pay it. This is necessary. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، برنامج (فتاوى) (076) لمعالي الشيخ صالح الفوزان بتاريخ [1436-01-19] - كبار العلماء — youtube.com (46:52)
The Arabic text is a machine transcription of the audio recording.