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 Is it fard to pay zakat for loan?

Do I have to pay zakat on the money that someone has borrowed from me?


It is obligatory to pay zakat for loan when one year passes after it is repaid

In view of the following explanations of the scholars, a Muslim is not liable to pay the zakat for the money he lent unless it is returned.

“Ariyat means loan, borrowed property; anything that has been taken or given at call temporarily. Ariyat also means transfer of a property with the purpose of taking back without asking anything in exchange.” (al Sarahsi, al Mawsili, al Ikhtiyar, Bilmen, The Qamus of Istılahat al Fiqhiyya)

The use of ariyat property requires being the possessor of it. (Shamil Islam Encyclopedia)

One of the conditions that makes zakat fard for a property is “tamalluk” that means being the complete possessor of that property. “The complete tamalluk” means the person’s having the property on his disposal.

It is fard for a person to pay zakat for a property as long as that property is in his hand or in his possession and nobody else has any rights on that property and the benefit that will emerge from that property belongs to him.   

Briefly, since it is not fard to pay zakat for a property that is not on disposal, a lender is not incumbent to pay zakat for loan he lent unless he is repaid and one year passes over the money. Kaynak: http://askaquestionto.us - Is it fard to pay zakat for loan?

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