If the debt is owed by one who is poor, or one who denies that he owes anything and there is no proof to confirm it, then no zakaah is due on it, but to be on the safe side, the owner of the money should pay zakaah on it for one year when he receives it. Thereafter fold this cloth and nail it on the wall of the house from where the person has runaway or the thing is stolen.
However, not everyone can earn that much money. یَا جَامِعَ النَّاسِ لِیَوْمِِ لاَّرَیْبَ فِیْہِ اِنَّ اللّٰہَ لَا یُخْلِفُ الْمِیْعَادَط اِجْمَعْ عَلَیَّ ضَالَّتِیْ, Surah At-Talak (Quran Surah no 65) Ayet no 2, and 3, from “Wa mun yat ti killah ho…..till….
If someone buys something with the intention of trading in it, then one full year passes, and it reaches the minimum threshold either by itself or when added to other cash, then he must pay the zakaah on trade goods. Remember, don’t try to take any advantages of it such usury.
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This is the view of the Maalikis. “O believers!
Allah does not like everyone who remains in disbelief and is filled with sin.” (QS 2:276). Shaykh Ibn ‘Uthaymeen (may Allah have mercy on him) said: What I believe is most likely to be correct is that zakaah is obligatory in all cases, even if a person owes debts that takes his wealth below the minimum threshold (nisaab), except a debt that becomes due before zakaah becomes due, in which case he must pay it, then give zakaah on what remains after that. It is permissible to someone that tries to pay off their debt to you in other things outside of money. Surah At-Talak (Quran Surah no 65) Ayet no 2, and 3, from “Wa mun yat ti killah ho…..till…. Whoever possesses wealth must give zakaah on it, even if he owes a debt, because zakaah is obligatory upon him, and the debt makes no difference. So, what can you do legally if someone owes you money? And don’t witnesses refuse when called.
Don’t make it difficult because Allah loves the easiest way to get His blessing. That is why there is some rule of collecting debt from someone who owes you in Islam based on the Quran. If someday, just in case someone that owes you forget about their debt, you need to come with the witness once you get the debt agreement made.
In the Islamic way, having debt is something you need to be done as soon as possible. See: al-Mughni (2/345); al-Mawsoo‘ah al-Fiqhiyyah (23/238). Conclusion: You should look at what you have in your hand of wealth, and what your friend owes you, and work out the value of the equipment you have for sale, then give zakaah on the total – if the conditions mentioned above are met – regardless of the debt that you owe. It is as a medium of exchange. Best Duas for Family in Islam You Should Recite…, 5 Duas For Wealth You Should Recite Daily, Robert Fisk: Celebrated Middle East correspondent of The Independent…, America’s hidden Islamic architecture points way to a shared culture, Conquerors and Innovators: 7 of the Greatest Muslim Leaders and Commanders in …, The excellence of seeking Islamic knowledge, This website uses cookies to improve your experience. You can ask your question on the website via this link: https://islamqa.info/en/ask, Password should contain small, capital letter and at least 8 characters long, If you do not have an account, you can click the button below to create one, Join our e-mail list for regular site news and updates, All Rights Reserved for Islam Q&A© 1997-2020.
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