Is zakah obligatory on one who has a debt to the Real Estate Fund, given that he pays installments at a specific time each year?
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The questioner : May the mercy and blessings of Allah be upon you. Is zakah obligatory on one who has a debt?
The Shaykh : Are they? Are they?
The questioner : Is zakah obligatory on one who has a debt to the Real Estate Fund, given that he is on installments at a specific time, knowing that he pays installments at a specific time each year?
The Shaykh : Yes, zakah is obligatory on him. When the time for zakah arrives, he counts the money he has, whether it is real estate, coins, or debts, and he pays his zakah. This is what is obligatory. Yes.
The Shaykh : Are they? Are they?
The questioner : Is zakah obligatory on one who has a debt to the Real Estate Fund, given that he is on installments at a specific time, knowing that he pays installments at a specific time each year?
The Shaykh : Yes, zakah is obligatory on him. When the time for zakah arrives, he counts the money he has, whether it is real estate, coins, or debts, and he pays his zakah. This is what is obligatory. Yes.