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The question

Is Zakat obligatory on business profits whose debts have not yet been settled?

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

Profits are not subject to . Debt waives Zakat on intrinsic assets (gold, silver, currency, trade goods), unless there is surplus wealth beyond basic needs from assets not subject to Zakat. In that case, it should be used to settle the debt. Profits are subject to Zakat if a hawl (full lunar year) has passed on them and they reach the (minimum taxable amount).

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
147657
Imported
Translation status
Source text, unreviewed
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