Are home loan installments deducted when calculating zakat on money?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The majority of scholars are of the view that debt negates for the equivalent amount of hidden wealth. So, if a year passes on the saved money, the house installments are deducted from it. If a (minimum threshold) remains after that, Zakat becomes obligatory; otherwise, it does not. If there are other funds exceeding the essential needs, they can be used to pay off the installments to purify the entire saved balance with Zakat.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/87070
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 87070
- 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.
- Read the full ruling
- Read the full answer on Ftawy