ANSWER:

It is prohibited to take interest based loan from a bank.

The gold and silver kept with the bank as mortgage is still zakatable.

A sister has taken a loan from the bank by keeping her gold jewelry as a mortgage. Does she has to pay zakah on this mortgaged gold?

Riba, Zakat | April 22, 2019 3:38 am
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Some money was being collected as Sadaqah for a brother. I committed to an amount to the one who was collecting, and he paid the amount to the brother (Money still with me).Later it was told to us that the brother is eligible for Zakah. Can I ‘change’ my intention to have this counted as Zakah from me, coz earlier I didn’t have this intention as we didn’t know.
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my husband is earning well and is looking after his family parents siblings wife But he is in debt. It will take much time for him to repay his debt and there are lots of expenses in upcoming days. I have gold and i have to pay its zakat. My question is can i sell my gold and give my husband zakat money to pay off his debt? Because that money will be solely used to repay loan