Is Zakat obligatory on an amount of $50,0, given a debt of $150,0, no income, and old age?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Borrowing with usury is one of the gravest sins, and repentance from it is obligatory unless there is a permissible excuse. The basic principle is that is due on wealth every year. Scholars have differed regarding deducting debt from Zakat-able wealth if it depletes the wealth or reduces it below the . The more cautious approach is not to deduct it. It is obligatory to pay Zakat on wealth, and if you are in need of sustenance, it becomes obligatory upon your children.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/111427
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 111427
- 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