What are the rulings on extracting zakah from the debts owed to the zakah payer by people?
Machine translationRead the Arabic original
Question:
He says: I have money with people, and they pay me back in monthly installments, which may extend to five years. Do I have to pay zakah on it? Some of it is delayed. Is it permissible for me to pay zakah on it, or what should I do?
Answer:
Yes, whenever a year has passed, you pay zakah on the money you have and the money people owe you. You pay zakah on the cash you possess and the debts people owe you. You pay a quarter of a tenth on the total whenever the lunar year of possession has elapsed.
He says: I have money with people, and they pay me back in monthly installments, which may extend to five years. Do I have to pay zakah on it? Some of it is delayed. Is it permissible for me to pay zakah on it, or what should I do?
Answer:
Yes, whenever a year has passed, you pay zakah on the money you have and the money people owe you. You pay zakah on the cash you possess and the debts people owe you. You pay a quarter of a tenth on the total whenever the lunar year of possession has elapsed.
Source
قناة «العلامة الدكتور صالح الفوزان»، ما هي أحكام استخراج الزكاة على الأموال التي للمزكي في ذمم الناس؟ للشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.