The zakah of the wealthy debtor who delays payment and the one who owes a debt
Machine translationRead the Arabic original
Question:
The questioner says: Honorable Shaykh, he asks: Regarding the wealthy person who delays paying his debts, does he pay zakah on the money he has or not?
Answer:
The wealthy person who delays paying his debts pays zakah on his wealth. Everyone pays zakah on his wealth. The one who is owed a debt pays zakah on the debt he has with people, as long as he is confident that it will come back and he will obtain it. If he does not know whether it will be returned or not, he pays zakah on it when he receives it. And the one who owes a debt pays zakah on the wealth in his possession, whether in money or in debts owed to him by people. Yes.
The questioner says: Honorable Shaykh, he asks: Regarding the wealthy person who delays paying his debts, does he pay zakah on the money he has or not?
Answer:
The wealthy person who delays paying his debts pays zakah on his wealth. Everyone pays zakah on his wealth. The one who is owed a debt pays zakah on the debt he has with people, as long as he is confident that it will come back and he will obtain it. If he does not know whether it will be returned or not, he pays zakah on it when he receives it. And the one who owes a debt pays zakah on the wealth in his possession, whether in money or in debts owed to him by people. Yes.
Source
نور على الدرب - الفوزان - 03/095 — archive.org (3:52)
The Arabic text is a machine transcription of the audio recording.