The Time When Zakah on Rental Income Becomes Obligatory
Machine translationRead the Arabic original
Question:
I have a five-story building that is rented out. Honorable Shaykh, when does zakah become obligatory on this rental income after it is received?
Answer:
Zakah becomes obligatory from the start of the contract, the lease contract. It must be paid when the lunar year is completed. So, when the lunar year has passed from the date of the contract, you must pay the zakah on the rental income. If you pay it before that, there is nothing wrong with it. Yes.
I have a five-story building that is rented out. Honorable Shaykh, when does zakah become obligatory on this rental income after it is received?
Answer:
Zakah becomes obligatory from the start of the contract, the lease contract. It must be paid when the lunar year is completed. So, when the lunar year has passed from the date of the contract, you must pay the zakah on the rental income. If you pay it before that, there is nothing wrong with it. Yes.
Source
نور على الدرب - الفوزان - 03/097 — archive.org (11:25)
The Arabic text is a machine transcription of the audio recording.