Do i have to give zakah if....?

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Do i have to give zakah if....?

Question date:		10th October 2006
From:		Asm
Short URL:		http://qa.muftisays.com?2711
Notes:		No Notes
Question ID:		2711

I am considering on taking a student loan which is upto ten thousand pounds and you only have to pay it back after you graduate from university and have a job in which you earn over fifteen thousand pounds.
So would i be consirded in debt and not have to give zakah, or do i have to give zakah because it is not certain that i will get a job which will relieve from paying the debt?

Answer

Ulamaa
Ulamaa ID 04

Answer last updated on:
20th September 2009
Answered by: Ulamaa ID 04

Website
Location: London

Bismillah

Al-jawab billahi at-taufeeq (the answer with Allah's guidance)

1) Student loan are not permissible in Islam.

http://qa.muftisays.com?541

2) There is no Zakat upon anyone who has a debt encompassing his money. But, if his money is more than the debt, he pays Zakat on the excess if it reaches Nisab. (Quduri)

And Only Allah Ta'ala Knows Best.

--------------------------------------
Moulana Qamruz Zaman
London, UK

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