Is zakah obligatory on one who purchased a shop on installment?
Machine translationRead the Arabic original
Question:
This questioner says: He purchased a commercial shop on installments and is still paying the installments. Is zakah due on him?
Answer:
Yes, if the lunar year of zakah has passed on the money and trade goods you possess, even if you have a debt. You pay zakah on what you possess on which the year has passed, from the money and the goods you have prepared for sale.
This questioner says: He purchased a commercial shop on installments and is still paying the installments. Is zakah due on him?
Answer:
Yes, if the lunar year of zakah has passed on the money and trade goods you possess, even if you have a debt. You pay zakah on what you possess on which the year has passed, from the money and the goods you have prepared for sale.
Source
قناة «العلامة الدكتور صالح الفوزان»، هل تجب الزكاة على من اشترى محلا بالتقسيط؟ للشيخ الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.