Zakah on Real Estate Investments
Machine translationRead the Arabic original
Question:
The questioner says: Honorable Shaykh, I have real estate investments with some real estate institutions, some of which have been held for more than a year. My question is: How do I pay the zakah on these investments?
Answer:
Investments in real estate. There is no doubt that these are real estate goods that are bought and sold, such as land, buildings, and farms. If these are offered for sale, they are goods on which zakah is obligatory. You must appraise them at the end of the lunar year at their value, or appraise your share in this company or this investment at the value of your share. And you pay zakah on it every year. Yes.
The questioner says: Honorable Shaykh, I have real estate investments with some real estate institutions, some of which have been held for more than a year. My question is: How do I pay the zakah on these investments?
Answer:
Investments in real estate. There is no doubt that these are real estate goods that are bought and sold, such as land, buildings, and farms. If these are offered for sale, they are goods on which zakah is obligatory. You must appraise them at the end of the lunar year at their value, or appraise your share in this company or this investment at the value of your share. And you pay zakah on it every year. Yes.
Source
مجالس رمضان 1430هـ - 04 — alfawzan.live (22:48)
The Arabic text is a machine transcription of the audio recording.