Zakah on real estates : Zakah on rented house

Fatawa Question

Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh, Last year we purchased a house (first home) on both myself and wife’s name. In February the home loan and complete finalisation of the transfer took place. Loan amount from bank - r600 000 current repayment R7100 current balance-R324 000 interest free loan from family-r180 000 the property is currently let out what will be the Zakkat ruling. Jazakum Allahu Khairan for your constant help

Fatwa

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Publication Date

2007-10-03

Main Subjects

Economics & Business Administration
Islamic Studies

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-786735

American Psychological Association (APA)

Qahf, Mundhir. 2007-10-03. Zakah on real estates : Zakah on rented house. .
https://search.emarefa.net/detail/BIM-786735

Modern Language Association (MLA)

Qahf, Mundhir. Zakah on real estates : Zakah on rented house. 2007-10-03.
https://search.emarefa.net/detail/BIM-786735

American Medical Association (AMA)

Qahf, Mundhir. 2007-10-03. Zakah on real estates : Zakah on rented house.
https://search.emarefa.net/detail/BIM-786735