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The question

Is zakat obligatory on a sum of EGP 80,000 remaining from a Murabaha loan, given that the amount of debt owed to the bank is greater than this sum?

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

This money has become your property and has reached the . If a year passes over it, becomes obligatory on it. You can deduct the debt from it before paying zakat, then pay zakat on the remainder if it reaches the nisab or more. If the debt is greater than the money, then zakat is not obligatory upon you.

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
147812
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