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The question

What is the value of Zakat on a sum of fifty thousand Egyptian Pounds, given a debt of thirty-three thousand Egyptian Pounds in monthly installments?

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

One-quarter of one-tenth (2.5%) of the money must be paid as if the wealth reaches the (85 grams of gold or its equivalent in silver) and a full year has passed over it. If the zakat payer owes a debt, they must have other wealth to cover this debt in order to pay zakat on the full amount. Otherwise, they pay zakat on the remaining amount after subtracting the debt.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
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Ftawy
Original fatwa ID
72139
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