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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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Zakah on wealth for one who has a debt

Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success. He says: A person has a large amount of money, but he has a debt. Is zakah obligatory on him?

Answer:
Yes. Zakah is obligatory on him if he has money and a lunar year has passed over it, even if he has a debt, because the money is his property and a lunar year has passed over it. Yes. And generally, no one is free from debts. If we said that whoever has a debt does not pay zakah, zakah would be nullified. Yes.
Source قناة «العلامة الدكتور صالح الفوزان»، 75 من 83 / شرح مختصر زاد المعاد / غزوة تبوك / صالح الفوزان / السيرة / كبار العلماء — youtube.com (55:40)

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

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