Deducting debts from one's total zakaatable assets
Question
What is the ruling relating to the deduction of debts owed from the total of Zakaah that is due?
Answer
The total amount of debts and liabilities will be deducted from ones total zakaatable assets. If after deduction the total amount one possesses reaches nisaab zakaat will be waajib on that amount. Refer to http://muftionline.co.za/node/28
And Allah Ta'ala (الله تعالى) knows best.
References (Arabic / Urdu sources)
فارغ عن دين له مطالب من جهة العباد (الدر المختار 2/260)
- Answered by
- Mufti Zakaria Makada
- Checked & approved by
- Mufti Ebrahim Salejee (Isipingo Beach)
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