Zakat Expert

Q: If I have a long-term debt for a number of years, is there any portion that I can deduct from my Zakat calculation?

A: If the debt is scheduled to be repaid over a number of years, on the Zakat anniversary, one may deduct one year’s worth of instalment repayments.

And Allah knows best!

Mufti Faraz Adam

Helping you bring Zakat
to life where you live.

 

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