Can a Debt Due in 12 Months be Deducted from Zakat?

Yes, a debt due within 12 months can be deducted from Zakat.

According to Islamic guidelines, debts payable in full within the next 12 lunar months can be subtracted from the total wealth when calculating Zakat. This is because Zakat is only due on wealth available to the person, not money already committed to repaying a debt.

Debts payable within 12 months can be fully deducted from Zakatable assets when calculating Zakat. This ensures that Zakat is only calculated on the wealth that remains after necessary obligations, like debts, have been accounted for.

It is important to note that this deduction applies only to debts due within 12 months. Debts with a repayment period of more than one year are not deducted from Zakat.

This ensures that your Zakat is calculated based on your actual wealth. If you wish to make a meaningful impact, consider donating to Pakistan Sweet Home, a reputable orphanage home in Islamabad, offering care and support to children in need.

As you consider these financial obligations, also remember that your Zakat can help those in need. A donation for orphanage is a meaningful way to give, ensuring that children in institutions like Pakistan Sweet Home receive the care and support they deserve.

And Allah knows best!

 Other Zakat Questions You May Have

• Is the Nisab Amount Deducted When Calculating Zakat?
• Is It Required to Deduct Personal Loan from Zakat?
• Which Loans Can Be Subtracted From Zakat Assets?
• Is It Permissible to Deduct a Bank Loan from Zakat?
• Are Current Liabilities Deductible from Zakat for Business?
• Is It Allowed to Deduct Future Expenses & Bills from Zakat?