Deductions from Zakatable total : deduction of long term loans from Zakatable items

السؤال

Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh, Some people take long term loans, which are paid back in installments. They generally offset the whole loan amount against the Zakatable assets and say the do not have any Zakah to pay. However in practice they only pay off the loan in small installments every year. We understand that the current installment amount can only be offset against the Zakatable assets and not the whole loan amount every year. Please enlighten us and guide us. With best regards. Allah Hafiz.

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2006-12-12

التخصصات الرئيسية

العلوم الاقتصادية والمالية وإدارة الأعمال
الدراسات الإسلامية

عدد الصفحات

1

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-792336

• APA
• MLA
• AMA