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