- EN (English)
| Fatwa ID: | 76458 |
| Title: | Zakat & mortgage deduction |
| Category: | Poor-due or obligatory charity (Zakaah) |
| Scholar: | Dr. Main Khalid Al-Qudah |
| Date: | 09/18/2008 |
Assalamu alaikum, Dr. Main,
I've watched your Zakat presentation, and searched the Internet to find the answer to this question of mine:
How do I deduct my mortgage when calculating Zakat?
The answers I've found were:
1- Deduct the whole amount of the loan (for example, the house cost $200k, but the amount of the loan balance is $180k)
2- Deduct the amount of payments for one year (if the monthly payment is $2,000, then for 12 months, it would be $24,000)
3- Deduct only one payment for one month
And if someone got the mortgage in the second half of the year, should he only calculate six months?
Let me know, and jazakum Allah khair,
Marwan -Abu Ahmad
Dear Inquirer:
The amount deductible from the Zakah pool is only the debt due, which is the third scenario in your question.
It is obvious that we do not add any upcoming or anticipated income to the Zakah pool before it has been obtained, so using the same logic, any upcoming debt would not be counted either.
And Allah knows best.
