Zakah on Investment Real Estate
Machine translationRead the Arabic original
Question:
The questioner says: I have an investment property, and I have a debt, and this debt is a loan. The question is: is there zakah on this property or not?
Answer:
As for investment real estate, if the intention is to rent it out, then there is no zakah on the property itself; rather, the zakah is on the rent. If he receives the rent and a year has passed since the contract, he pays zakah on it. The zakah is on the rent. As for the rented property itself, there is no zakah on it. Yes.
The questioner says: I have an investment property, and I have a debt, and this debt is a loan. The question is: is there zakah on this property or not?
Answer:
As for investment real estate, if the intention is to rent it out, then there is no zakah on the property itself; rather, the zakah is on the rent. If he receives the rent and a year has passed since the contract, he pays zakah on it. The zakah is on the rent. As for the rented property itself, there is no zakah on it. Yes.
Source
مجالس رمضان 1430هـ - 01 — alfawzan.live (8:31)
The Arabic text is a machine transcription of the audio recording.