Fatwa ID: 06626

Answered by: Maulana Nazrul Islam

Question:

I and my brother have inherited a flat and our share is 50/50, cost of the flat is 90lakhs, hence my share is 45lakhs and his 45lakhs, I have decided to purchase the flat from my brother by paying him 20lakhs upfront, and then the remaining as monthly payment of 25000, till the 25lakh loan is over. Can I take the monthly 25000 (annually this will be 3 lakhs) and deduct it from my zakat due?

In the name of Allah, the Most Gracious, the Most Merciful

Answer:

The correct opinion in the Mazhab is; only the immediate loan will be deducted while calculating the Zakat. This is the opinion of Imam Abu Hanifah R.A.(1).

According to this, you’ll only deduct the loan that you’ll pay immediately which is 25,000 as mentioned above.

However, if you want to pay more immediately before the due Zakat, then you’ll deduct that from the Zakat calculation. For example, if you want to pay off 100,000 immediately, then you will deduct that while calculating the Zakat.

Only Allah knows best.

Written by Maulana Nazrul Islam

Checked and approved by Mufti Mohammed Tosir Miah

Darul Ifta Birmingham

(1)(قَوْلُهُ أَوْ مُؤَجَّلًا إلَخْ) عَزَاهُ فِي الْمِعْرَاجِ إلَى شَرْحِ الطَّحَاوِيِّ، وَقَالَ: وَعَنْ أَبِي حَنِيفَةَ لَا يُمْنَعُ. وَقَالَ الصَّدْرُ الشَّهِيدُ: لَا رِوَايَةَ فِيهِ، وَلِكُلٍّ مِنْ الْمَنْعِ وَعَدَمِهِ وَجْهٌ. زَادَ الْقُهُسْتَانِيُّ عَنْ الْجَوَاهِرِ: وَالصَّحِيحُ أَنَّهُ غَيْرُ مَانِعٍ

رد المحتار ، ج٢، ص٢٦١، دار الفكر