The Majlis Archive
Finance - Banking - Business The Majlis Vol 27 No 05, p.8

A loan was given to a person who is now unable to repay it.

Question

A loan was given to a person who is now unable to repay it. Can this loan be offset with the intention of it being a Zakaat payment by the creditor?

Answer

The debt cannot be offset with the intention of it being a Zakaat payment. The Zakaat should be given to the debtor. After he takes possession of the money, he should pay the debt.

Download issue PDF EPUB
Published in
The Majlis Vol 27 No 05
PDF page
8

Verbatim verified against the source PDF

Appears under ZAKAAT ON ANIMALS. This heading is the nearest headline at or before the page and is approximate. Do not cite it alone.

Was this page helpful?