How is the zakat calculated for cars sold in installments? Is it calculated on the original amount or on the profits, knowing that the debt decreases monthly with the payment of installments?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
You must pay Zakat on 100 Riyals, based on the installments you receive and what remains as debt owed by solvent individuals. This is because a person is obligated to pay Zakat on the debts owed to them by others if those debtors are solvent and not procrastinating.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/44904
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- 44904
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