Is Zakat obligatory on money that has reached the Zakat threshold but is subject to debts exceeding it, knowing that it is placed in savings certificates to pay installments of a deferred debt? And is Zakat obligatory on ornamental jewelry that may be sold to pay installments of the same debt?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
As long as the debts consume the money, there is no on it, unless there are other assets exceeding the need, such as real estate or a car. In that case, these assets are used to cover the debt, and the money is then subject to zakat. As for women's jewelry intended for adornment, there is no zakat on it according to the majority of scholars.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/160787
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 160787
- 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