Paying Zakaah on loans

Question 47: I lent some of my friends and relatives a sum of money. Must I pay the Zakaah (obligatory charity) due on this sum of money every year?

Answer: If the amount of the loan, whether alone or combined with your other money, reaches the Nisaab (minimum amount on which Zakaah is due) then the lender, as opposed to the borrower… read more here.

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