Is zakat obligatory on a remaining amount from a Tawarruq loan invested in stocks, after it has been subjected to successive losses, while the loan installments continue, and how is the overdue zakat calculated to clear one's liability?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
There is no due on the money you possess if the debt you owe encompasses all your Zakatable wealth, and you do not have anything in excess of your needs to meet 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/98206
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 98206
- 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