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The question

How is zakat to be paid on money loaned to a brother, and on money that cannot be withdrawn from the bank due to current circumstances?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

You must pay on all your wealth, whether it is money you lent to your brother or money deposited in the bank. You can pay its zakat along with the rest of your wealth, or you can pay its zakat for past years when you receive it. It does not matter if the money in the bank is less than the (minimum threshold) if it reaches the nisab when combined with the money lent to your brother. Nor does it matter that you cannot dispose of it, because it is similar to a debt owed by an insolvent person, and its zakat becomes due for past years when it is received.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
123046
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.
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Read the full answer on Ftawy