{"id":25291,"date":"2022-05-25T17:07:13","date_gmt":"2022-05-25T17:07:13","guid":{"rendered":"http:\/\/daruliftabirmingham.co.uk\/home\/?p=25291"},"modified":"2022-05-25T17:07:13","modified_gmt":"2022-05-25T17:07:13","slug":"zakat-on-student-loans-2","status":"publish","type":"post","link":"https:\/\/daruliftabirmingham.co.uk\/home\/zakat-on-student-loans-2\/","title":{"rendered":"Zakat on Student Loans"},"content":{"rendered":"

Fatwa ID: 06070<\/strong><\/span><\/p>\n

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Answered by: Shaykh Ahmed Bin Mohamed Umarji<\/strong><\/span><\/p>\n

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Question:<\/u><\/strong><\/span><\/p>\n

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I am a student, and my student loans will be due 13 months from my Zakat date. I will be paying my loans back in full to avoid interest. If I deduced my total loans ($10,000) from my total wealth ($12,000) I am below the gold threshold. Do I pay Zakat?<\/span><\/p>\n

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Furthermore, In October 2021, I will be applying to a Master\u2019s program and if I am admitted my student loans can be deferred for one more year. I believe if that happened then I should pay Zakat now since my repayment is 25 months away, but I will not know if I am accepted until February 2022. What should I do?<\/span><\/p>\n

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In the name of Allah, the Most Gracious, the Most Merciful<\/u><\/strong><\/span><\/p>\n

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Answer<\/u><\/strong><\/span><\/p>\n

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In both cases the amount will be in your possession for an entire year, thus it will be zakatable.1<\/sup><\/a> This is because the loans are not due within 12 Islamic months. If you pay off the loan before the completion of 12 Islamic months you will not have to pay zakat.<\/span><\/p>\n<\/div>\n

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Only Allah knows best<\/span><\/p>\n

Written by Shaykh Ahmed Bin Mohamed Umarji<\/span><\/p>\n

Checked and approved by Mufti Mohammed Tosir Miah<\/span><\/p>\n

Darul Ifta Birmingham<\/span><\/p>\n

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1<\/a> Nurul Idhaah, Page 168, Zam Zam Publishers , Fatawa Darul uloom Zakariyya , Volume 3 , Page 111, Addur Al-Mukhtar Page 126 Darul Kutub Al-Ilmiyyah [ (\u0648\u0633\u0628\u0628\u0647) \u0623\u064a \u0633\u0628\u0628 \u0627\u0641\u062a\u0631\u0627\u0636\u0647\u0627 (\u0645\u0644\u0643 \u0646\u0635\u0627\u0628 \u062d\u0648\u0644\u064a) \u0646\u0633\u0628\u0647 \u0644\u0644\u062d\u0648\u0644 \u0644\u062d\u0648\u0644\u0627\u0646\u0647 \u0639\u0644\u064a\u0647 (\u062a\u0627\u0645) ] ,Radd Al-Muhtar , Volume 2, Page 261, Darul Fikr Beirut [\u0641\u0650\u064a \u0627\u0644\u0645\u0650\u0639\u0652\u0631\u0627\u062c\u0650 \u0641\u0650\u064a \u0641\u064e\u0635\u0652\u0644\u0650 \u0632\u064e\u0643\u0627\u0629\u0650 \u0627\u0644\u0639\u064f\u0631\u064f\u0648\u0636\u0650 \u0623\u0646\u0651\u064e \u0627\u0644\u0632\u0651\u064e\u0643\u0627\u0629\u064e \u062a\u064e\u062c\u0650\u0628\u064f \u0641\u0650\u064a \u0627\u0644\u0646\u0651\u064e\u0642\u0652\u062f\u0650 \u0643\u064e\u064a\u0652\u0641\u064e\u0645\u0627 \u0623\u0645\u0652\u0633\u064e\u0643\u064e\u0647\u064f \u0644\u0650\u0644\u0646\u0651\u064e\u0645\u0627\u0621\u0650 \u0623\u0648\u0652 \u0644\u0650\u0644\u0646\u0651\u064e\u0641\u064e\u0642\u064e\u0629\u0650 ]<\/span><\/p>\n<\/div>\n

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Fatwa ID: 06070   Answered by: Shaykh Ahmed Bin Mohamed Umarji   Question:   I am a student, and my student loans will be due…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[19],"tags":[],"_links":{"self":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/25291"}],"collection":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/comments?post=25291"}],"version-history":[{"count":2,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/25291\/revisions"}],"predecessor-version":[{"id":25378,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/25291\/revisions\/25378"}],"wp:attachment":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/media?parent=25291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/categories?post=25291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/tags?post=25291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}