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The question

Is zakat obligatory on debts, and what is their nisab? And is zakat paid on debts when some debtors procrastinate or deny them?

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

is obligatory on debts if they reach the equivalent of 85 grams of gold or more, at a rate of 2.5%. Zakat is not obligatory on them until a full year has passed from the day they were acquired.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
45057
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