Is zakat obligatory upon a debtor who possesses savings that have reached the nisab, knowing that his debt is greater than his savings, and is he obligated to pay zakat on his outstanding debts if he is able to repay them sooner but delays for the purpose of saving?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
The amount borrowed from your father and brothers is subject to , as they are its owners. Zakat is obligatory upon the creditor, whether the debtor is solvent or insolvent.
As for you, debt nullifies zakat on your inner wealth (such as cash and trade goods) if, after deducting the debt, what remains does not reach the . However, if you have other wealth beyond your basic needs, you should consider it against the debt to ensure the remaining wealth is subject to zakat if it reaches the nisab.
The nisab for current banknotes is approximately the equivalent of 85 grams of gold, and the amount due is one-quarter of one-tenth (2.5%).
Summarized from the full answer at Ftawy · imported
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