I am indebted for house, should I give zakat?

I got into a housing debt and I have gold more than 80 grams. Do I have to give Zakat?

You would have to give zakat only if the amount that remains after you subtract your total debt from your total wealth is more than the amount of nisab (85 grams of gold, or 595 grams of silver, or equal amount of money or commodities), and if you have been holding that wealth for one lunar year.

Share on FacebookShare on Twitter
Date: Apr 27, 2017