Do students have to pay Zakah on money from a student loan, if they have it in their possession ?
Fatawa Question
Do students have to pay Zakah on money from a student loan, if they have it in their possession ? For e.g. a person took out tuition fee loan and maintenance loan (not grant) which roughly comes to about £ 6000. From that, £ 3000 is automatically taken by the university i.e. tuition fee which leaves a person with £ 3000 to spend. He then spends £ 2000 and is left with a remainder of a £ 1000. A person who possesses this £1000 (at the time when their Zakah is due) would he or she need to pay Zakah on this money which is left surplus from their maintenance loan ?
Fatwa
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Publisher
al-Qalam Shariah Scholar Panel
Publication Date
2010-08-27
Country of Publication
United Kingdom
Main Subjects
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-727371
American Psychological Association (APA)
al-Qalam Shariah Scholar Panel (Manchester, England). 2010-08-27. Do students have to pay Zakah on money from a student loan, if they have it in their possession ?. . Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-727371
Modern Language Association (MLA)
al-Qalam Shariah Scholar Panel (Manchester, England). Do students have to pay Zakah on money from a student loan, if they have it in their possession ?. Manchester England : al-Qalam Shariah Scholar Panel. 2010-08-27.
https://search.emarefa.net/detail/BIM-727371
American Medical Association (AMA)
al-Qalam Shariah Scholar Panel (Manchester, England). 2010-08-27. Do students have to pay Zakah on money from a student loan, if they have it in their possession ?. Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-727371
