What is the nisab for zakat on money, and is zakat obligatory on a debt that is due but has no specified repayment date?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The amount on which becomes obligatory is equivalent to the value of 85 grams of gold or 595 grams of silver, and the zakat rate is 2.5%. As for lent money, its zakat becomes obligatory if the borrower acknowledges the debt and is able to repay it. Otherwise, the lent money is subject to zakat upon its retrieval for one year.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/164425
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 164425
- 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