Zakat Expert

If a business has borrowed capital from a bank, what can be deducted from the Zakat calculation?

A: The capital repayment due for the forthcoming lunar year from a long-term bank loan can be deducted.
Any interest element is prohibited and cannot be deducted.

And Allah knows best!

Mufti Faraz Adam

Helping you bring Zakat
to life where you live.

 

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