Does Zakat become obligatory on the amount remaining with a debtor to a housing institution after making an initial payment?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
If debt is not deducted from funds—which is the more cautious approach—then a Muslim must pay zakat on all their possessions. If there are assets that can be sold to repay the debt, then zakat is obligatory; otherwise, there is no zakat.
Summarized from the full answer at Ftawy · imported
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- 109017
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