Is there zakah on equipment prepared for rental?
Machine translationRead the Arabic original
Question:
May Allah reward you. The questioner asks: How is the zakah on equipment, such as cranes and excavators, calculated, given that they are for rental and not for sale?
Answer:
Machinery intended for rental, such as cars, cranes, and equipment, has no zakah due on the items themselves if they are for hire. Rather, the zakah is due on the rental income if he receives fees from this equipment. When the lunar year (hawl) has passed on these fees, he must purify them by paying out one-quarter of a tenth.
May Allah reward you. The questioner asks: How is the zakah on equipment, such as cranes and excavators, calculated, given that they are for rental and not for sale?
Answer:
Machinery intended for rental, such as cars, cranes, and equipment, has no zakah due on the items themselves if they are for hire. Rather, the zakah is due on the rental income if he receives fees from this equipment. When the lunar year (hawl) has passed on these fees, he must purify them by paying out one-quarter of a tenth.
Source
قناة «العلامة الدكتور صالح الفوزان»، هل في الآلات المعدة للإيجار زكاة؟ للشيخ الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.