Zakat Expert

Is Zakat due on an amount of money I gave to my brother as a loan?

A: Zakat is obligatory on a loan every year. However, one has the option to pay the Zakat due yearly or pay for the all outstanding years upon receiving the money.

And Allah knows best!

Mufti Faraz Adam

Helping you bring Zakat
to life where you live.

 

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