Deductions from Zakatable total : Zakah jewelry while under debt on our residence

السؤال

Assalamalaikum I would like to know if I and my wife would be obligated to pay Zakah. We currently borrow money from her parents the amount being over Nisab, for the purchase of an apartment. However, she currently has gold in her possession that is over Nisab, and that she has not liquidated (Though, I don't understand why women like to keep gold even though they never use, anyways that's another story). Are we then obligated to pay Zakah on the gold, even though we have a large debt to pay ? Also, would we have to do Qurbani.? We follow the Hanafi madhab. If you need more info, I would gladly forward it to you. Jazakallah

جواب الفتوى

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تاريخ النشر

2006-12-13

التخصصات الرئيسية

العلوم الاقتصادية والمالية وإدارة الأعمال
الدراسات الإسلامية

عدد الصفحات

1

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-792337

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