22 April 2021   9. Ramadhan 1442

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Zakah on receivables

Q. What is considered as receivables for Zakah purposes? Is there Zakah on monies owed to me through loans and other receivables?


A. Zakah is due on debtors, loans, deposits (municipal, rental), voluntary pension/provident funds, retirement annuities, etc. are considered receivables.

And Allah Knows Best

Darul Ihsan Fatwa Department

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Nisab

19/04/2020

  • Mahr Fatimi: R19 458.62
  • Minimum Mahr: R389.17
  • Zakaah Nisaab: R7783.45
  • Fidya: R20.00

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