The zakah of money lent out
Machine translationRead the Arabic original
Question:
He says: Honorable Shaykh, I lent a colleague a sum of money, and I am well-off, praise be to Allah, but he is delaying repayment, even though, praise be to Allah, his situation has now improved. Do I have to pay zakah on this money?
Answer:
Yes, as long as you hope that the money will be returned to you and he will pay it back, it is obligatory for you to pay zakah on everything that has reached the end of a lunar year. Yes.
The presenter:
May Allah reward you with good,
He says: Honorable Shaykh, I lent a colleague a sum of money, and I am well-off, praise be to Allah, but he is delaying repayment, even though, praise be to Allah, his situation has now improved. Do I have to pay zakah on this money?
Answer:
Yes, as long as you hope that the money will be returned to you and he will pay it back, it is obligatory for you to pay zakah on everything that has reached the end of a lunar year. Yes.
The presenter:
May Allah reward you with good,
Source
نور على الدرب - الفوزان - 02/251 — archive.org (12:55)
The Arabic text is a machine transcription of the audio recording.