Is my car EMI amount subject to Khums?
Salaams
Hey everyone
Quick question —
My car EMI of ₹40,000 is due on the 1st of next month. I save this amount and keep it ready throughout the month.
My Khums date falls on the 15th of this May
So on my Khums date, this ₹40,000 is just sitting in my account.
Here's the core doubt:
Khums is calculated on savings/profit I'm left with — but is an EMI amount even a saving or profit in the first place?
If EMI is essentially a loan repayment and not a saving — then it shouldn't be subject to Khums at all!
It's money I've set aside to pay back a debt — not something I've gained or saved for myself.
So is this ₹40,000 subject to Khums or not?
Guyss please clarify regarding this matter!
Didn't find much hadees on these topics
Can't go through the entire wasail us shia browsing this query!🥲