The Majlis Archive

Finance - Banking - Business The Majlis Vol 26 No 05, p.2

I gave a brother a loan which he is unable to repay.

Question

I gave a brother a loan which he is unable to repay. Can I write off the debt as my Zakaat payment?

Answer

You cannot offset your Zakaat with debt owing to you. Your Zakaat will not be discharged. However, you may give the debtor your Zakaat, then after he has taken possession, you can demand payment.

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The Majlis Vol 26 No 05
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2

Appears under [HARAAM VACCINATION (approximate).

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