How is Zakat on money calculated for an amount of 9,000 Egyptian Pounds if its owner owes 3,000 Egyptian Pounds?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
As long as the debt does not diminish the (minimum threshold for obligation) and there is no other non-zakat-eligible wealth, the debt is deducted from the zakatable wealth, and the remainder is subject to zakat at a rate of one-quarter of one-tenth (2.5%). This is based on the of Uthman ibn Affan, who said: "This is the month of your zakat. So, whoever owes a debt, let him pay his debt so that your wealth may become available, and you may pay zakat from it." Ibn Qudamah indicated that this was in the presence of the Companions, and they did not object to it. For example: the zakat value would be (9000 - 3000) = 6000 × 25÷1000 = 150 pounds.
Summarized from the full answer at Ftawy · imported
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