The zakah on borrowed money, for the borrower and the lender
Machine translationRead the Arabic original
Question:
Then he says, may Allah preserve you: This hundred that I took from my brother as a loan, do I pay zakah on it as if it were part of my wealth, and does he pay zakah on it as a debt?
Answer:
He pays zakah on his wealth. The thousand that is in your debt is his; he pays zakah on it because it is a debt owed to him and his wealth. You pay zakah on what you have; you pay zakah on what you own. Yes.
Then he says, may Allah preserve you: This hundred that I took from my brother as a loan, do I pay zakah on it as if it were part of my wealth, and does he pay zakah on it as a debt?
Answer:
He pays zakah on his wealth. The thousand that is in your debt is his; he pays zakah on it because it is a debt owed to him and his wealth. You pay zakah on what you have; you pay zakah on what you own. Yes.
Source
المنتقى من أخبار سيد المرسلين 25-05-1434هـ — alfawzan.live (1:09:07)
The Arabic text is a machine transcription of the audio recording.