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Adjusting Zakat With Money Lost In Loan Or Fraud
If one lost money out of a fraudulent behavior believing and trusting someone who agreed to pay back the money without any chance of recovering that money, can it be adjusted in zakat in each of these 2 cases: 1) when someone is unemployed and living on savings and 2) when someone is employed.
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3 Replies
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Adjusting Zakat With Money Lost In Loan Or Fraud
updated 4 years, 1 month ago
2 Members
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Replies
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As a general principle, if loan was given to someone and later on the lender realizes that borrower is a deserving person and deserves a relief, then loan can be waived and adjusted against Zakat. But if the borrower has defaulted on a fraudulent behavior, then it will be considered as a loss and cannot be adjusted against Zakat. If the person is unemployed, then they have to honestly decide for themselves, whether they have become eligible to receive Zakat themselves or not. If yes, then one will not be liable to any Zakat, otherwise the above principle would prevail. Following two videos have touched on both these topics.
Please refer to the video below from 1:09:14 to 1:10:28
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Please also refer to the video below from 33:34 to 35:03
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Such a beautiful reply by Ghamidi Sahab. Thank you Umer. You really are doing a great job. I try to watch any new posts on youtube but still missed this episode. May Allah grant Ghamdi Sahab long healthy and fulfilling life even more than he has now.
And may Allah bless your life with each kind of abundance in world n afterwards.
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