Prayers & Duties >> Zakat & Charity
Question ID: 47030Country: India
Answer ID: 47030
Bismillah hir-Rahman nir-Rahim !
(Fatwa: 928/855/D=9/1434) You should see your capacity and donate to madrasa and other religious work accordingly. If you own gold, silver, cash or business item equal to nisab (value of 613 gram silver), then you will have to pay zakah of the total value which you own after completing one (lunar) year. But the debt which you have taken for business, its instalments of this year will be deducted from the existing value and the zakah will be calculated. See the below link for dua to repay the debt soon: http://darulifta-deoband.org/showuserview.do?function=answerView&all=en&id=42373 http://darulifta-deoband.org/showuserview.do?function=answerView&all=en&id=807
Allah (Subhana Wa Ta'ala) knows Best
Darul Ifta,
Darul Uloom Deoband, India