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The question

Is zakat obligatory on gold mortgaged against a loan?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

is obligatory on mortgaged gold if it reaches the and a full year has passed over it, because mortgaging does not preclude complete ownership. The mortgagor pays it with the permission of the mortgagee. If the mortgagee does not give permission, the mortgagor should pay it from other funds, or wait until the mortgage is released, then pay the Zakat for the past years.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
13162
Imported
Translation status
Source text, unreviewed
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