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Can a man with 10 million rupees in assets & 4 million rupees in debt take zakaat?

Answered as per Hanafi Fiqh by Darulifta-Deoband.com
Assalamualaikum Wa Rahmatullahi Wa Barakatuh A man has asset valuing 10 million rupees, this includes his house, car and personal belongings. Alongside he has a debt of 4 million rupees. Is he allow to take zakaat? If yes, how much can he take? Jazakumullah Wassalam

Answer

(Fatwa: 1522/1316=B/1429)

As per the abovementioned question, he is allowed to receive zakah provided the assets are neither for business nor extra form needs and all things are in his use. He can receive Zakah as per his needs.

Allah (Subhana Wa Ta’ala) knows Best

Darul Ifta,
Darul Uloom Deoband

This answer was collected from the official ifta website of Darul Uloom Deoband in India.

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