Zakat on Buy Now Pay Later
Buy Now Pay Later debt that is due immediately can be deducted from your zakatable wealth. Future payments may not be deductible.
If you use Buy Now Pay Later services (Klarna, Clearpay, etc.) and owe money, you can deduct the amount due now from your Zakat calculation.
What Can You Deduct?
Payments due soon.
If your next BNPL payment is due this month or next, you can deduct it from your zakatable wealth. For example, if you owe £200 next week, deduct this from your total wealth before calculating Zakat.
tip
Avoid BNPL Debt