Student Loans & Zakat:
Can you deduct student loans?
Yes, if:
- Repayment is due within the year
- You have active repayment plan
No, if:
- Long-term (10-20 years)
- Deferred/income-based repayment
Recommended:
Deduct only the amount due in the current year
Example:
- Total loan: 600,000
- Due this year: 60,000
- Deduct: 60,000 only
Long-term debts don't reduce Zakat - focus on annual obligations.
For your specific situation, please consult a qualified scholar or your local mosque.
And Allah knows best.