Zakah on rented properties : is a rented property subject to Zakah

Fatawa Question

Assalamu Alaykum. I saw your answer to question on this regard at http://www.quranforall.org/fatawaa/zonrentalproperty.htm I think there is one additional factor to consider here, if you consider it appropriate. The analogy of investment asset should also consider if the asset is liquid or fixed. In the case of livestock it is liquid, and can be disposed of piecemeal. (Sell or give away any one out of 40) Whereas, agricultural land cannot be easily sold off like that. Rental buildings are hence more aptly compared with agricultural land than livestock and Allah knows best. Jazakallahu Khairan for taking time to read my submission on this. Sherif

Fatwa

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Publication Date

2009-09-06

Main Subjects

Economics & Business Administration
Islamic Studies

Topics

• Islamic jurisprudence
• Provisions of sharia
• Alms tax
• Real property

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-732539

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• MLA
• AMA