How does one who sells on deferred payment calculate his zakah?
Machine translationRead the Arabic original
Question:
I have a car that I sold to a person for a deferred amount over a period of one year, and after the year I received the amount. Do I owe zakah for the past period?
Answer:
If the year has completed and the amount is in his possession, you pay zakah on it if your partner is wealthy and not delaying. But if your partner is insolvent or delaying, and he did not give you your right except after difficulty, then you do not owe zakah on it. If the due date arrived and he did not give you your right because of his insolvency or his delay, then you owe nothing until you complete a future lunar year with it. However, if he gave it to you after the completion of the term, you pay zakah for the past year. Yes.
I have a car that I sold to a person for a deferred amount over a period of one year, and after the year I received the amount. Do I owe zakah for the past period?
Answer:
If the year has completed and the amount is in his possession, you pay zakah on it if your partner is wealthy and not delaying. But if your partner is insolvent or delaying, and he did not give you your right except after difficulty, then you do not owe zakah on it. If the due date arrived and he did not give you your right because of his insolvency or his delay, then you owe nothing until you complete a future lunar year with it. However, if he gave it to you after the completion of the term, you pay zakah for the past year. Yes.
Source
قناة «فضيلة الشيخ ابن باز Alsheikh Binbaz»، 086 كيف يزكي من يبيع بالثمن المؤجل؟ للإمام ابن باز — youtube.com
The Arabic text is a machine transcription of the audio recording.