The zakah of real estate loan money after the completion of the lunar year
Machine translationRead the Arabic original
The questioner:
We have Husayn from al-Hafar al-Batin. Go ahead, Husayn. Turn the television down. Peace be upon you. Husayn, turn the television down a little and let us hear you on the phone, may Allah keep you healthy, because there is interference between us. Go ahead. Peace be upon you, Shaykh Fawzan.
The Shaykh:
Peace be upon you, yes.
The questioner:
My long life, I took a loan from the Savings Bank, the Development Fund. I put two hundred thousand on my house, and three hundred thousand remained. If the lunar year passes, is zakah due on me, and I have not taken a debt or a loan?
The Shaykh:
Yes. If the lunar year has passed and you have money, whether you intend it for construction or for other needs, then zakah is due on it if it reaches the nisab (minimum threshold) or more. Yes.
We have Husayn from al-Hafar al-Batin. Go ahead, Husayn. Turn the television down. Peace be upon you. Husayn, turn the television down a little and let us hear you on the phone, may Allah keep you healthy, because there is interference between us. Go ahead. Peace be upon you, Shaykh Fawzan.
The Shaykh:
Peace be upon you, yes.
The questioner:
My long life, I took a loan from the Savings Bank, the Development Fund. I put two hundred thousand on my house, and three hundred thousand remained. If the lunar year passes, is zakah due on me, and I have not taken a debt or a loan?
The Shaykh:
Yes. If the lunar year has passed and you have money, whether you intend it for construction or for other needs, then zakah is due on it if it reaches the nisab (minimum threshold) or more. Yes.
Source
فتاوى على الهواء 12-01-1436هـ — alfawzan.live (26:35)
The Arabic text is a machine transcription of the audio recording.