Is Zakat now due on a loan that was fully disbursed after three years, with its amount decreasing each year?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Saved money is subject to if a year has passed over it and it reaches the . If it is difficult to ascertain the exact amount each year, then exerting effort and investigating to the best of one's ability is sufficient. If the muzakki (person paying Zakat) has a debt, he should deduct an amount equivalent to the debt from his balance each year. If, after settling the debt, the remaining amount reaches the nisab, Zakat becomes obligatory. The nisab for banknotes is approximately equivalent to 85 grams of gold, and one-quarter of one-tenth (2.5%) must be given.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/180132
Where this answer came from
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- Ftawy
- Original fatwa ID
- 180132
- 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