Is Zakat obligatory on a sum of 2000, or on shares valued at 5040 dinars, or on a sum of 10000, while having outstanding debts?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Shares that cannot be disposed of are subject to the rulings of wealth over which one has no control; thus, is paid on them once they are received, for one year. As for the money in your possession, zakat is obligatory on it if it reaches the (minimum threshold) and a hawl (one lunar year) has passed over it. If you have debts, then if you own assets beyond your needs, such as a car or real estate, use them to offset the debt and pay zakat on all your wealth. Otherwise, subtract the amount of the debts from the money in your possession and pay zakat on the remainder, provided it does not fall below the nisab.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/155830
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- Ftawy
- Original fatwa ID
- 155830
- 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