Is Zakat obligatory on borrowed money?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the debtor is wealthy and acknowledges the debt, is obligatory on the lent money, because it is in the status of a deposit. However, if the debtor is insolvent, denies the debt, or procrastinates, zakat is not obligatory until the money is received. Once received, zakat is paid for one year, even if it remained with the debtor for many years.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/30515
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 30515
- 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