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The question

Is Zakat obligatory on a bank balance of 10,000, upon which a year has passed, given the existence of a debt of 20,000 for apartment installments due three months after the Zakat due date?

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

If the debtor has surplus money beyond his needs that he can sell to pay off the debt, then is due on this amount if it reaches the and a year has passed on it. However, if he does not have other money, then zakat is not obligatory because the debt consumes it.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
166184
Imported
Translation status
Source text, unreviewed
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