Zakat Expert

Q: I have paid off 3/4th of my car. I have monthly payments. Do I deduct what I still owe or the monthly payments. Deduct one monthly payment or 1 year of payments?

A: You can deduct up to one year worth of the loan repayment after interest.

And Allah knows best!

Mufti Billal Omarjee

Helping you bring Zakat
to life where you live.

 

GIVE ZAKAT APPLY FOR HELP