Do I have to pay Zakah on a deferred loan repayment ?
Fatawa Question
Do I have to pay Zakah on a deferred loan repayment ? What is the ruling in relation to a loan resulting from the sale of personal property with payment deferred to a later date ? For e.g. an individual has purchased a new car and paid the price in full. He has sold his old car to an associate who will pay him after six months. How should the seller treat the outstanding amount for the purposes of Zakah ?
Fatwa
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Publisher
al-Qalam Shariah Scholar Panel
Publication Date
2010-03-01
Country of Publication
United Kingdom
Main Subjects
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-727380
American Psychological Association (APA)
al-Qalam Shariah Scholar Panel (Manchester, England). 2010-03-01. Do I have to pay Zakah on a deferred loan repayment ?. . Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-727380
Modern Language Association (MLA)
al-Qalam Shariah Scholar Panel (Manchester, England). Do I have to pay Zakah on a deferred loan repayment ?. Manchester England : al-Qalam Shariah Scholar Panel. 2010-03-01.
https://search.emarefa.net/detail/BIM-727380
American Medical Association (AMA)
al-Qalam Shariah Scholar Panel (Manchester, England). 2010-03-01. Do I have to pay Zakah on a deferred loan repayment ?. Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-727380
