Question
Is there Zakat on usurious money? A person took an amount from a usurious bank to buy an apartment and sold the apartment after a while. Is there Zakat on the money obtained from the sale of the apartment, even though he owes the bank a debt?
Answer
I say, and with God's help: You are not obligated to pay zakat; because the amount you have is a debt to the bank, and God knows best.