Q. Mufti Saheb, Client A borrowed from Client B an X amount of money, now Client A only wants to pay back a portion of the money borrowed and does not want to pay off the loan in full. Client A says that the balance he owes, he will give it out in Zakaat. There was no such arrangements made. What is the Islamic ruling?
A. If A took a loan from B with an agreement of A to pay the full amount of the loan back to B, then A is liable to pay B the full amount of the loan.
In the enquired situation, as there were no arrangements of payment of Zakaat related to A and B and the loan, A is still liable to pay B the full amount of the loan.
Allah Ta’ala Knows Best
Mufti Ismaeel Bassa
This answer was collected from TheMufti.com, which is a fatwa portal managed by Mufti Ismaeel Bassa from South Africa.