Khums: Is Khums Due on an Unused Bank Loan Held for a Year?
Practical Laws of Islam as per the teachings of Imam Khamenei
Khums: Is Khums Due on an Unused Bank Loan Held for a Year?
English:
Question #864:
Some years ago I acquired a bank loan and deposited it in my account for one year. I could not make use of the loan, but I had to pay its monthly instalments. Is this loan subject to khums?
Answer #864:
If what remains from the loan is more than unpaid instalments, you must pay khums on the difference.
-Imam Khamenei, Practical Laws of Islam, Importance and Conditions of Khums