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The question

What is the effect of purchasing an apartment in installments on the money subject to zakat, and is this considered a debt?

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

The price of the aforementioned apartment is considered a debt you owe to the company. Scholars have differed on whether debt should be deducted from . The more cautious opinion is that debt should not be deducted; rather, a person should pay Zakat on all their Zakat-eligible wealth, regardless of any debts they may have.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
150496
Imported
Translation status
Source text, unreviewed
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