Zakat Expert

Can I deduct the monthly payment I make in an interest-only mortgage?

Interest is not a deductible debt from a Zakat calculation. Therefore, in such a scenario, such a mortgage would not be entitled to a deduction from one’s Zakat calculation. 

Allah knows best 

Reviewed on 22/11/2021

Was this article helpful?

Helping you bring Zakat
to life where you live.

 

GIVE ZAKAT APPLY FOR HELP