Is zakat obligatory on money lent to others, while the owner of the money has debts of a similar amount?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The money you have with people is subject to if it is with a wealthy and non-procrastinating person, and a year has passed over it. It is subject to Zakat for one year upon its collection if it is with an insolvent or procrastinating person. As for the debts you owe, they are deducted from your wealth, and then Zakat is paid on the remaining amount.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/31470
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 31470
- 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