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The question

Is zakat obligatory on an amount of money that I lent to my brother and he has not repaid it to me yet, knowing that he does not deny the debt, but the procrastination of merchants prevents him from paying it back?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

If the money paid was a loan, then the stipulated increase is not permissible, because it is usury (riba). Only the principal amount should be returned to you. Its becomes obligatory upon its receipt for one year, or for all past years. However, if the money was a partnership, then stipulating a guarantee of the principal is not valid, and its zakat is also obligatory. But if the debtor is in straitened circumstances or procrastinating, then its zakat is paid upon its receipt for one year.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
170970
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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Read the full answer on Ftawy