Zakah on money that is consumed by a debt
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success. He says: I have money, and I have debts that consume this money, but I am delaying repayment due to circumstances. So, if a lunar year has passed over it, is there zakah on it?
Answer:
Yes, as long as the money is in your possession and a lunar year has passed over it, zakah is obligatory on it. However, if you pay it off before the year is up, you owe no zakah. But if the year is completed, zakah becomes obligatory.
Honorable Shaykh, may Allah grant you success. He says: I have money, and I have debts that consume this money, but I am delaying repayment due to circumstances. So, if a lunar year has passed over it, is there zakah on it?
Answer:
Yes, as long as the money is in your possession and a lunar year has passed over it, zakah is obligatory on it. However, if you pay it off before the year is up, you owe no zakah. But if the year is completed, zakah becomes obligatory.
Source
مختصر زاد المعاد (للإمام محمد بن عبدالوهاب)، مختصر زاد المعاد [65] — alfawzan.live (1:14:53)
The Arabic text is a machine transcription of the audio recording.