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Stats: 17,449 members, 69,230 Topics, 15,444 Comments. Date: Jun 16 2019, 6:24 am

Rufai Oladimeji
Lagos State University
100Level, Nigeria.

Dear Brothers in Islam Assalam u alaikum i
have read many fatwas on Zakah but could
not find answer to my question in any of
them, please answer the below question of
mine. i have bought a flat by taking a loan
from an islamic bank, now i owe the bank
about 500,000 Dhs which i have to pay them
back in 4 years. i have given the flat on rent
from which i am getting an income of
70,000 per year, i am using this income +
my salary to pay back the loan to the bank.
now my question is that how will i calculate
zakah on my wealth?? lets say that my loan is
500,000 Dhs and i have bank blance of about
100,000 Dhs. what i have read so far is that i
have to minus the loan amount from the
money i have in hand and than pay zakah on
the balance. but in my situation if i minus
the loan from the money i have in hand the
balance would come out to be in negetive, so
do i not pay zakah at all till i pay back my
loan?? please answer to my question as i am
really concerned about this matter. jazakallah

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.

Debts prevent one from paying Zakah on
hidden wealth such as gold, silver, cash
money and unhidden wealth such as plants,
fruits, cattle and tradable items, whether the
debt is due now or delayed to an appointed
time on two conditions:

1- The loan should consume all the
money or that the loan decreases
the money from the Nisaab , if it
does not consume it or does not
decrease it from the Nisaab , then it
is an obligation to pay Zakah on the
remaining money.
2- The person who is liable for the
Zakah does not have other non-
Zakatable items (on which he is not
obliged to pay Zakah) which he may
consider in paying his debts. If he
has other items, then he should
consider them for debts and pay the
Zakah on the money he is obliged to
pay Zakah on. What is meant by the
items on which he is not obliged to
pay Zakah is to have cars, or
buildings or goods that are not
prepared for trade and which are
beyond his necessary needs.

Therefore, if you do not have other items
which you may pay your debts with, then you
are not obliged to pay Zakah on the money
which you have at hand, but if you have
other items with which you may pay the
debt, or part of it, in a way that what would
remain reaches the Nisaab , then you should
pay the Zakah on the money which you
mentioned in the question.

Allah Knows best.


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