Dear respected Shaykh, assalamu alaikum wa rahmatullahi wa barakatuh. Is Zakat compulsory on the money which a person has saved for paying a debt? هل تجب الزكاة في المال الذي يرصده الإنسان لقضاء دينه؟
Dear respected Shaykh, assalamu alaikum wa rahmatullahi wa barakatuh. Is Zakat compulsory on the money which a person has saved for paying a debt? هل تجب الزكاة في المال الذي يرصده الإنسان لقضاء دينه؟
الجواب
Praise be to Allah, and may Allah’s peace and blessings be upon the Messenger of Allah, his family and his companions. Wa alaikum assalam wa rahmatullahi wa barakatuh. As to what follows: In response to your question, we say: The correct opinion from the two opinions of the scholars on this issue is that the money to repay the debt is taken out from the total amount of money, and Zakat is payable on the rest of the money if it has reached nisab and a lunar year has passed while it is in someone’s possession.