Is zakat obligatory on a sum of 230,000 Saudi Riyals, of which 100,000 Saudi Riyals was loaned to brothers as a benevolent loan (qard hasan) that has not yet been repaid, and the remaining 130,000 Saudi Riyals, in addition to a bank loan of 200,000 Saudi Riyals, was invested in government contracting projects from which neither profits nor capital have been received yet?

Firstly: The debt owed to you by your financially struggling brethren is not subject to zakat now. If you do receive it, you should pay zakat on it for one year.

Secondly: The debt you owe to the bank does not, according to the more preponderant opinion, prevent or reduce your zakat obligation.

Thirdly: The money paid to a contractor for investment in service-related works (execution of government projects) is not subject to zakat. Zakat only becomes obligatory on the principal and its profits once you receive them and a full year has passed over them.