Zakah on money lent to an insolvent person in installments
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success. This is a woman asking, and she says: I am a woman who lent my insolvent son money to buy a house for him, and he is paying me back in installments. The question is: Is there zakah on this money, or on the installments that have been paid?
Answer:
Yes, zakah is obligatory. Whatever a lunar year passes over, yes. Because it is the property of its owner, and it is in the liability of the debtor. It is the property of its owner, and a lunar year has passed over it, so zakah becomes obligatory. Yes.
Honorable Shaykh, may Allah grant you success. This is a woman asking, and she says: I am a woman who lent my insolvent son money to buy a house for him, and he is paying me back in installments. The question is: Is there zakah on this money, or on the installments that have been paid?
Answer:
Yes, zakah is obligatory. Whatever a lunar year passes over, yes. Because it is the property of its owner, and it is in the liability of the debtor. It is the property of its owner, and a lunar year has passed over it, so zakah becomes obligatory. Yes.
Source
زكاة الدائن عن المال الذي في ذمة المدين — alfawzan.live
The Arabic text is a machine transcription of the audio recording.