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Zakat if living on borrowed money?

Answered as per Hanafi Fiqh by Qibla.com

Answered by Shaykh Faraz Rabbani

I am a physician in-training, recently married alhamdulillah, and the stipend I am paid is insufficient to cover our living expenses. Over the past twelve months, I have owed between two and five thousand to family members, and it is likely I will remain in some degree of debt for the next 2 years. The positive balance in my bank account is essentially borrowed money for living expenses. Am I required to pay zakat?

In the Name of Allah, Most Gracious, Most Merciful

Walaikum assalam wa rahmatullah,

I pray this finds you in the best of health and spirits.

Zakat is only due if one possesses a net zakatable amount above and beyond one’s debts and immediate (one-month) expenses after a zakat-year has passed since first possessing such an amount–with the details mentioned in related answers in the SunniPath Answers (http://qa.sunnipath.com). Thus, in your case, you would not appear to be responsible to pay zakat.

Faraz Rabbani

This answer was indexed from Qibla.com, which used to have a repository of Islamic Q&A answered by various scholars. The website is no longer in existence. It has now been transformed into a learning portal with paid Islamic course offering under the brand of Kiflayn.

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