Zakah on rented properties : Zakah on property for (Resale and Rent)‎

السؤال

Dear Respected Scholar, I am living in Sri Lanka ; I need to clarify a small doubt with regard to Zakah payment. My Question is, Last month we bought a house (Our intention was to rent it out and sell it after maybe in few years) we normally fulfill our Zakah in the month of Ramadan and we already have a residence where we currently live. As I can see we have to pay Zakah on the House we purchased please correct me if I am wrong. My Next question is, do we need to give Zakah on the Rental Income and Market value of House both, since we have not still given it for rent In Sha Allah maybe from next month we will be renting out the premise, then do we need to take into consideration the rental income for Zakah next year, and also since in few years’ time we might sell it do we need to consider the market value and calculate Zakah on that also for next year. Our intention of buying another House was because we didn’t want to keep money in conventional banks (We calculate the interest of any money kept on such and give it away to the needy) We thought it would be good to invest in a house and rent it out and in the future if necessary to sell it off if a need arises or if we come across a better option otherwise. Could you guide us on the Islamic Ruling on this matter ? Expecting a reply from you Jazaka Allahu brother. Regards

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2008-09-08

التخصصات الرئيسية

العلوم الاقتصادية والمالية وإدارة الأعمال
الدراسات الإسلامية

الموضوعات

• الفقه الإسلامي
• الأحكام الشرعية
• الزكاة
• الممتلكات العقارية

عدد الصفحات

1

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-732535

• APA
• MLA
• AMA