Q: Can student loans be taken off as a liability for zakāh purposes? Is a Student Loan added to ones zakāh liability section as a whole in every zakāh year until it is paid off unlike most deferred payment loans such as mortgages, where only the coming 12 months instalments will be added in the […]
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If I have added 12 months student loan repayments to my Zakāh liabilities, but later in the year become unemployed and repayment is delayed, what do I need to do?
Q: If I have added 12 months student loan repayments to my Zakāh liabilities, but later in the year become unemployed and repayment is delayed, what do I need to do? الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: If one is in employment on one’s Zakah anniversary and one is also required repay some of […]
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