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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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I lent a man a sum of money, but I was unable to recover it. Is it permissible for me to consider that as my zakah on him?

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Question:
He says: Honorable Shaykh, may Allah grant you success. I lent a man a sum of money, and then he was unable to repay it. Is it permissible for me to consider that as my zakah on him?

Answer:
On the day that you have given up hope of recovering it, you may give the zakah. This is permissible, and it suffices. Yes.
Source قناة «العلامة الدكتور صالح الفوزان»، [95 -939] أقرضت رجلا مبلغا من المال، ولم أستطع استرداده فهل يجوز أن أعتبر ذلك من زكاة مالي عليه؟ — youtube.com

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

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