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Do I have to pay zakah on a deferred loan repayment?

Tag: zakah on a deferred loan repayment

Do I have to pay zakah on a deferred loan repayment?

alqalamMarch 1, 2010

Q: Do I have to pay zakāh on a deferred loan repayment? What is the ruling in relation to a loan resulting from the sale of personal property with payment deferred to a later date? For e.g. an individual has purchased a new car and paid the price in full. He has sold his old […]

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Fatawa, Zakat Fatawa, Zakatable Assets Fatawazakah on a deferred loan repayment, Zakāt FatwāLeave a comment
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