Is Zakat obligatory on borrowed money?
Source: FtawySummarized from the full answer at Ftawy · imported 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.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/30515
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- Ftawy
- Original fatwa ID
- 30515
- Imported
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- Source text, unreviewed
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