Zakah on Loans
 
 

    Question: I have lent some money to a close relative who is going through tough times in his life. I want to know if I am liable to pay Zakah on the money I have lent?
    Answer: You are not liable to pay Zakah on the amount you have lent for such purposes if your date for Zakah giving arrives. It is serving the needs of the society. You will be now liable for Zakah once you receive the money
 
  

(Shehzad Saleem)

Home