The zakah of money lent out
Machine translationRead the Arabic original
Question:
He says: I borrowed money from my father at the beginning of last Ramadan. My father is accustomed to paying zakah in the last ten days of Ramadan every year. Is it obligatory for my father to pay zakah on the amount I borrowed from him?
Answer:
Yes, zakah is obligatory on wealth, whether it is in the possession of its owner or it is a debt owed by people. If the debt is owed by a solvent person, its zakah becomes obligatory upon the completion of the lunar year.
The presenter:
May Allah bless you.
He says: I borrowed money from my father at the beginning of last Ramadan. My father is accustomed to paying zakah in the last ten days of Ramadan every year. Is it obligatory for my father to pay zakah on the amount I borrowed from him?
Answer:
Yes, zakah is obligatory on wealth, whether it is in the possession of its owner or it is a debt owed by people. If the debt is owed by a solvent person, its zakah becomes obligatory upon the completion of the lunar year.
The presenter:
May Allah bless you.
Source
نور على الدرب - الفوزان - 03/182 — archive.org (13:38)
The Arabic text is a machine transcription of the audio recording.