How is Zakat on wealth calculated in personal finance that is used for trade, when there are installments not yet due?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
on the aforementioned amount is obligatory if it reaches the (minimum threshold) and a hawl (full lunar year) passes on it, by paying 2.5% after deducting any debt. This is unless the muzakki (person paying zakat) possesses other non-zakat-eligible assets that cover the debt and exceed his needs. If, after deducting the debt, the amount does not meet the nisab, and there are no other non-zakat-eligible assets exceeding his needs, then no zakat is due, as the preponderant opinion is that debt prevents zakat.
Summarized from the full answer at Ftawy · imported
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