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?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
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.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/166184
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 166184
- 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