A question regarding a form of zakah on a debt?
Machine translationRead the Arabic original
Abu Layla : In the same issue, if, for example, one of the brothers lent a man one thousand dinars, and these one thousand dinars remained with the borrower.
The Shaykh : It is necessary to pay the zakah with the two conditions mentioned previously.
Abu Layla : Yes, he will pay it twice for these one thousand dinars.
The Shaykh : How is it twice?
Abu Layla : Once from the first, who is the creditor, and once from the debtor.
The Shaykh : Yes, but the one who pays it is different.
Abu Layla : Yes.
The Shaykh : The one who pays the zakah is different.
Abu Layla : Yes.
The Shaykh : The first one to pay is the owner.
Abu Layla : Yes, that is correct.
The Shaykh : And the second one to pay is the borrower.
Abu Layla: Yes
The Shaykh : And the borrower is supposed to borrow for his need, not to save it and let a lunar year pass over it.
Abu Layla : Yes.
The Shaykh : So if he saves it and a lunar year passes over it, it becomes obligatory for him to pay the zakah, yes.
The Shaykh : It is necessary to pay the zakah with the two conditions mentioned previously.
Abu Layla : Yes, he will pay it twice for these one thousand dinars.
The Shaykh : How is it twice?
Abu Layla : Once from the first, who is the creditor, and once from the debtor.
The Shaykh : Yes, but the one who pays it is different.
Abu Layla : Yes.
The Shaykh : The one who pays the zakah is different.
Abu Layla : Yes.
The Shaykh : The first one to pay is the owner.
Abu Layla : Yes, that is correct.
The Shaykh : And the second one to pay is the borrower.
Abu Layla: Yes
The Shaykh : And the borrower is supposed to borrow for his need, not to save it and let a lunar year pass over it.
Abu Layla : Yes.
The Shaykh : So if he saves it and a lunar year passes over it, it becomes obligatory for him to pay the zakah, yes.
Source
www.al-albany.com
The Arabic text is copied verbatim from the original source, without any edits.