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Paying Zakah On Loan - IslamWeb. by Taamas111 (f): 6:26pm on January 12
Rufai Oladimeji
, Nigeria.
Question

I got 8,000 pounds and I lent 5,000 to my
friend. I have only 3,000 pounds, so do I
have to give Zakah from all 8,000 pounds?

Fatwa:
All perfect praise be to Allah, The Lord of the
Worlds. I testify that there is none worthy of
worship except Allah, and that Muhammad
is His Slave and Messenger.

If your friend is able to repay his debt when
you ask him to do so without delay, then it is
your duty to give Zakah on all your property
(including such a debt) that has been under
your possession for one lunar year. This
debt, in fact, is a form of deposit.

But, if your friend is procrastinating or
unable to repay, then you have to give the
Zakah for such a debt for one year only as
soon as you receive it.

Allah Knows best.

www.islamweb.net/en/article/154662/paying-zakah-on-loan

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