Zakah on Debts and Goods
Machine translationRead the Arabic original
Question:
His other question is: Is there zakah on debts and goods?
Answer:
Yes. Goods are trade commodities; they are valued at the end of the lunar year at the price for which they were purchased, and zakah is paid on them. This is for goods. Debts are the same: if you have debts owed to you by people and a lunar year has passed over them, you pay zakah on them because they are your property and belong to you. However, if they are owed by those who are unable to pay or by those who delay payment, and you do not know whether you will recover them or not, you do not pay zakah on them until you receive them. Yes.
His other question is: Is there zakah on debts and goods?
Answer:
Yes. Goods are trade commodities; they are valued at the end of the lunar year at the price for which they were purchased, and zakah is paid on them. This is for goods. Debts are the same: if you have debts owed to you by people and a lunar year has passed over them, you pay zakah on them because they are your property and belong to you. However, if they are owed by those who are unable to pay or by those who delay payment, and you do not know whether you will recover them or not, you do not pay zakah on them until you receive them. Yes.
Source
نور على الدرب - الفوزان - 02/225 — archive.org (15:31)
The Arabic text is a machine transcription of the audio recording.