Question
A man settles his account in full to his creditors via his attorney. The attorney was instructed to pay the creditors immediately. However, this deceitful attorney keeps the money for 30 months earning interest on it for himself. He pays the creditors only after 30 months. Who is responsible for paying Zakaat on this amount?
Answer
No one is responsible. There is no Zakaat payable on this amount since the outstanding debt offsets it. The attorney is guilty of a grave sin. The interest is haraam for him.
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 18 No 12
- PDF page
- 3
Appears under Questions and Answers (approximate).