The ruling on the zakah of wealth if it is a debt owed by others
Machine translationRead the Arabic original
Question:
One of the listening brothers says: I have a sum of money. Is zakah due on it, since it is not currently in my possession but is on credit with people?
The Shaykh: Repeat.
The presenter : He says: I have a sum of money. Is zakah due on it, since it is not currently in my possession but is on credit with people? May Allah reward you with good.
Answer:
This requires a detailed explanation. If they are wealthy, then when you receive it, you pay zakah on it. If you have nothing with you, you pay zakah on whatever you receive. However, if they are not wealthy, but are unable to pay or are delaying payment, then nothing is required of you until you receive it. Once you receive it, you start a new lunar year. We ask Allah for safety.
The presenter: O Allah, amen. May Allah reward you with good and do you good.
One of the listening brothers says: I have a sum of money. Is zakah due on it, since it is not currently in my possession but is on credit with people?
The Shaykh: Repeat.
The presenter : He says: I have a sum of money. Is zakah due on it, since it is not currently in my possession but is on credit with people? May Allah reward you with good.
Answer:
This requires a detailed explanation. If they are wealthy, then when you receive it, you pay zakah on it. If you have nothing with you, you pay zakah on whatever you receive. However, if they are not wealthy, but are unable to pay or are delaying payment, then nothing is required of you until you receive it. Once you receive it, you start a new lunar year. We ask Allah for safety.
The presenter: O Allah, amen. May Allah reward you with good and do you good.
Source
binbaz.org.sa
The Arabic text is copied verbatim from the original source, without any edits.