The Zakah on a Deferred Debt Owed by the Debtor
Machine translationRead the Arabic original
The questioner:
I have a sum of money owed to me by my colleague, which he has not repaid for approximately ten years. Now that he has repaid this debt, on whom is the zakah due?
The Shaykh:
It is due on him, the debtor, because the money is his until he hands it over to the creditor. Otherwise, as long as it is in his possession, it is his money, and he owes its zakah. Yes.
The presenter:
May Allah reward you and reward you with good.
The Shaykh:
You pay zakah on it because it is a debt owed to you. You pay zakah on it because it is a debt owed to you. Yes.
I have a sum of money owed to me by my colleague, which he has not repaid for approximately ten years. Now that he has repaid this debt, on whom is the zakah due?
The Shaykh:
It is due on him, the debtor, because the money is his until he hands it over to the creditor. Otherwise, as long as it is in his possession, it is his money, and he owes its zakah. Yes.
The presenter:
May Allah reward you and reward you with good.
The Shaykh:
You pay zakah on it because it is a debt owed to you. You pay zakah on it because it is a debt owed to you. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، برنامج (فتاوى) (191) لمعالي الشيخ صالح الفوزان بتاريخ [1440-10-17] - كبار العلماء — youtube.com (24:36)
The Arabic text is a machine transcription of the audio recording.