The Ruling on the Zakah of Borrowed Money
Machine translationRead the Arabic original
Question:
This person is asking about the ruling on the zakah of a loan. If a person takes a loan from one of the institutions, is he required to pay zakah on it?
Answer:
If a lunar year passes while it is in his possession and it reaches the nisab (minimum threshold for zakah) or more, then he is required to pay its zakah. Yes.
This person is asking about the ruling on the zakah of a loan. If a person takes a loan from one of the institutions, is he required to pay zakah on it?
Answer:
If a lunar year passes while it is in his possession and it reaches the nisab (minimum threshold for zakah) or more, then he is required to pay its zakah. Yes.
Source
نور على الدرب - الفوزان - 03/128 — archive.org (7:30)
The Arabic text is a machine transcription of the audio recording.