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The question

Is zakat obligatory on money whose source is a debt that is still being paid off, knowing that part of it was lost in stocks and the other part was invested in a real estate partnership that will not be returned until after three years, and all the money was put into building a house, in addition to the existence of other debts?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

The majority of scholars hold that debt prevents the obligation of on internal wealth (gold, silver, cash, trade goods). Therefore, you are not obligated to pay zakat as long as your debt encompasses all of your wealth, provided you do not possess other wealth that can cover the debt.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
105437
Imported
Translation status
Source text, unreviewed
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