Zakah on Two Apartments Saved for the Future
Machine translationRead the Arabic original
Question:
He says: I had a sum of money, so I bought two apartments and saved them for the future. Do I have to pay zakah on them? And if I do, how do I pay it? I should mention that I bought them about ten years ago.
Answer:
If you bought them to keep and do not rent them out, there is no zakah on them. If you rent out the apartments, the zakah is on the rent. You pay zakah on the rent. As for the apartments themselves, there is no zakah on them as long as you did not intend to sell them, but only intended to keep them. Real estate. Yes.
The presenter:
May Allah reward you,
He says: I had a sum of money, so I bought two apartments and saved them for the future. Do I have to pay zakah on them? And if I do, how do I pay it? I should mention that I bought them about ten years ago.
Answer:
If you bought them to keep and do not rent them out, there is no zakah on them. If you rent out the apartments, the zakah is on the rent. You pay zakah on the rent. As for the apartments themselves, there is no zakah on them as long as you did not intend to sell them, but only intended to keep them. Real estate. Yes.
The presenter:
May Allah reward you,
Source
لقاء مفتوح [الزلفي] — alfawzan.live (33:04)
The Arabic text is a machine transcription of the audio recording.