How is Zakat on wealth calculated in personal finance that is used for trade, when there are installments not yet due?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
on the aforementioned amount is obligatory if it reaches the (minimum threshold) and a hawl (full lunar year) passes on it, by paying 2.5% after deducting any debt. This is unless the muzakki (person paying zakat) possesses other non-zakat-eligible assets that cover the debt and exceed his needs. If, after deducting the debt, the amount does not meet the nisab, and there are no other non-zakat-eligible assets exceeding his needs, then no zakat is due, as the preponderant opinion is that debt prevents 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/138361
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 138361
- 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