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The question

What is the ruling on zakat for loaned money whose owner defaults on repayment, and is zakat obligatory upon it when it is returned in installments?

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

is obligatory on the loan money received upon its قبض (receipt). Thus, a quarter of a tenth (2.5%) must be given out from each installment received.

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Ftawy
Original fatwa ID
56603
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