The Ruling on Zakah for Money Set Aside to Buy a House
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The last question from our sister, in which she says: They say that if a person does not acquire a house and accumulates money with the intention of acquiring a residence, then there is no zakah on him. What is the correctness of this statement?
Answer: This statement is incorrect. If a person accumulates money to buy a house, or to get married, or to buy a car, or to buy a shop—meaning a store—or to buy date palms, or anything else, then he must pay zakah on it if a lunar year has passed over it. If a lunar year passes before he spends it on the purpose for which he set it aside, then it is subject to zakah. The claim that it is not subject to zakah is an incorrect statement with no basis or foundation. So, if, for example, he has forty thousand, or fifty thousand, or more or less, to buy a house for himself, or a shop, or a car, or something similar, then he must pay zakah on it if a lunar year has passed over it, and it is not permissible for him to leave off the zakah. Yes.
The presenter: May Allah reward you with good.
Answer: This statement is incorrect. If a person accumulates money to buy a house, or to get married, or to buy a car, or to buy a shop—meaning a store—or to buy date palms, or anything else, then he must pay zakah on it if a lunar year has passed over it. If a lunar year passes before he spends it on the purpose for which he set it aside, then it is subject to zakah. The claim that it is not subject to zakah is an incorrect statement with no basis or foundation. So, if, for example, he has forty thousand, or fifty thousand, or more or less, to buy a house for himself, or a shop, or a car, or something similar, then he must pay zakah on it if a lunar year has passed over it, and it is not permissible for him to leave off the zakah. Yes.
The presenter: May Allah reward you with good.
Source
binbaz.org.sa
The Arabic text is copied verbatim from the original source, without any edits.
