8 min read
Yes, Zakat applies to a loan taken for maintenance purposes if it is not repayable within the next 12 months.
Here's a clearer breakdown:
Why is this Important?
By considering these points, you can accurately determine whether a loan affects your Zakatable wealth.
And Allah knows best!
WRITTEN BY
Atta-ur-Rehman
Atta-ur-Rehman, a specialist in Fiqh from Fazal-Jamiat-ul-Uloom-ul-Shariah, Jama'at ul-Umar Karachi, is an expert in Islamic jurisprudence. His expertise spans various aspects of Shariah, including Zakat, financial rulings, family laws, and ethical guidance in everyday life. With a deep understanding of Islamic principles, he provides a reliable insights into matters of faith, worship, and personal obligations.