Creditor

Book:

The Book of Zakat - كتاب الزكاة

Chapter:

Persons on whom Zakat is Obligatory

Topic/Issue:2503 - Creditor
Opinions:
Opinion FromOpinionExplanation
Imam Shafi there is no zakat on this even when it returns to the hands of its owner until the conditions of zakdt are met while it is with the possessor, and this is the passage of a year (hawl) while it is in his possession
Imam MalikHe is to be charged zakat for a single hawl (year), even if it has stayed with the debtors for a number of years, in case the principal has been given in return for compensation.
Tags :Worship, Zakah, Debt, Wealth,Creditor
See Also:Person in Debt
References:1[pg:286]
Last Updated:2011-02-10

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