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The question

Is Zakat obligatory on money and profits after the passing of a hawl (lunar year) and receiving them from the real estate company, while the owner of the money has a large debt?

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

A Muslim must ensure that their dealings conform to Islamic law and avoid prohibitions such as usury (riba). Participation in any forbidden act is prohibited. If the money you have contributed reaches the (threshold), then is obligatory upon you. As for debt, the majority of scholars hold that it prevents zakat. So, if the debtor repays their debt and what remains afterward reaches the nisab, they must pay zakat on it. But if it falls below the nisab, zakat is no longer obligatory upon them.

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
51867
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