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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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The Zakah of a Deferred Debt

Machine translationRead the Arabic original
Question:
May Allah reward you. We move on to this question, where a man says: I sold my car on monthly installments, so how do I pay the zakah on this amount?

Answer:
Yes, you pay the zakah on everything that has completed a lunar year while it is still the debtor’s liability. You pay it just as you would pay the zakah on money in your possession, by giving one-quarter of a tenth. Yes.
Source نور على الدرب - الفوزان - 03/182 — archive.org (12:02)

The Arabic text is a machine transcription of the audio recording.

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