Question:

Hi rabbi, some has loaned us some money, we would like to know if we need to give 10% of that to maaser/tzedaka?
Many thanks.

Answer:

Thanks for your question. You would not have to give ma’aser on the money of the loan itself, because it is not considered a profit. You would however give ma’aser on the money that you will make to pay back the loan, because that is coming from profits.

As a side point a person that doesn’t have enough money for his daily expenses may not have to give ma’aser at ll.

Best wishes

Sources:

Shut Even Yisroel 9-92 (18), B’orach Tzedakah 9-25 in the name of R’ Eliyashiv and R’ S. Auerbach zt”l

Tags: maaser money Tzedaka

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