IslamQA

Zakaat on loans owed to a person

Answered according to Hanafi Fiqh by Muftionline.co.za

Q: I always paid zakaat on monies people owed to me regarding this as an asset. My question after listening to this mornings audio (zakaat on waived debt), does this mean I do not have to pay zakaat on monies due to me from loans given to a friend, family until such time as the money is repaid to me.

Bismillaah

A: Zakaat is waajib upon loans that are owed to you.

For further details, refer to http://muftionline.co.za/node/38 and http://muftionline.co.za/node/15361.

And Allah Ta’ala (الله تعالى) knows best.

 

Answered by:

Mufti Zakaria Makada

Checked & Approved:

Mufti Ebrahim Salejee (Isipingo Beach)

This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.

Find more answers indexed from: Muftionline.co.za
Read more answers with similar topics:
Subscribe to IslamQA Weekly Newsletter

Subscribe to IslamQA Weekly Newsletter

You will receive 5 Q&A in your inbox every week



We have sent a confirmation to you. Please check the and confirm your subscription. Thank you!