All Questions

Every question answered on MuslimWay, newest first: short, honest answers for new Muslims and people curious about Islam in Europe and the US.

Do I pay zakat on money someone owes me?

If the borrower can and will repay, most scholars say yes, yearly or once you're repaid. Doubtful loans are treated differently.

It depends on the debt. Many scholars let you subtract debts due now, not a whole mortgage or student loan. Views differ.

Yes, on your stock for sale, cash and money owed to you, minus short-term debts. Equipment and premises are exempt.

Not on the property's value. You pay zakat on the rent you've saved, along with your other cash. Property for resale is different.

Scholars differ. The Hanafi school says yes; most others say no for jewelry worn normally. Gold kept as savings is zakatable.

No. There's no zakat on the home you live in, your car or other personal belongings. Property bought to resell is different.

If you hold crypto, most scholars who allow it say yes: 2.5% of its market value on your zakat date. Here's how to handle it.

Yes. Shares you trade pay 2.5% of market value. For long-term holdings, many scholars use the company's zakatable assets.

Scholars differ. Some say pay yearly on what you could withdraw after penalties and tax; others say pay when you receive it.

Yes. Cash in savings and checking accounts counts toward zakat at 2.5% if you're above the nisab. Leave out any interest earned.

You still owe it. Missed zakat stays a debt, so estimate each year, pay as soon as you can, and repent. Here's how to work it out.

Yes, most scholars allow paying zakat before it's due once you've reached the nisab. The Maliki school is stricter. Here's how.