What is the ruling on Zakat for financial installments owed to a carpenter who sells furniture by installment: Is it considered like a deposit, to be paid annually, or is it considered like a debt owed by an insolvent debtor, to be paid once upon receipt? And is it permissible for the carpenter to forgive the debtor one or more installments before receiving them and consider it from Zakat, even if he does not fear non-receipt?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
Whoever has a debt owed to them by people must pay on it, whether the debt is immediate or deferred. Zakat is not required to be paid immediately, but rather when the due date arrives and the debtor is willing to pay. It is not permissible to waive the debt for the debtor and consider it as part of zakat.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/77429
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 77429
- Imported
- Translation status
- Source text, unreviewed
- Read the full ruling
- Read the full answer on Ftawy