The ruling on the zakah of a loan owed by a person in financial difficulty
Machine translationRead the Arabic original
Question:
This questioner says: A person lent a colleague fifty thousand riyals. This loan has remained with him for five years, even though this colleague claims to be poor, and I have not recovered my money to this day. How do I pay its zakah?
Answer:
If he is bankrupt and unable to pay, there is no zakah on it until you receive it. If you receive it, then you pay its zakah. As long as it remains in the debt of this person in financial difficulty and the poor man, and you do not know whether you will recover it or not, there is no zakah on it. Yes.
This questioner says: A person lent a colleague fifty thousand riyals. This loan has remained with him for five years, even though this colleague claims to be poor, and I have not recovered my money to this day. How do I pay its zakah?
Answer:
If he is bankrupt and unable to pay, there is no zakah on it until you receive it. If you receive it, then you pay its zakah. As long as it remains in the debt of this person in financial difficulty and the poor man, and you do not know whether you will recover it or not, there is no zakah on it. Yes.
Source
نور على الدرب - الفوزان - 02/279 — archive.org (12:13)
The Arabic text is a machine transcription of the audio recording.