How to Calculate Zakah on Rented Apartments and Houses
Machine translationRead the Arabic original
Our sister says in her second question: If a person has shops and rented apartments, how is the zakah calculated?
Answer: There is no zakah on the apartments themselves if they are for personal use, benefit, and renting out. However, zakah is due on the rent if a lunar year passes over it. For example, if a person rents out an apartment for one thousand riyals, and a lunar year passes over that thousand while he still has it and has not spent it, he must pay its zakah, which is one-quarter of one-tenth. This applies if the rent remains with him until a lunar year has passed over it. But if he pays off a debt with it, or spends it on his needs before the lunar year passes, there is no zakah on it.
The presenter: May Allah reward you with good and do you good.
Answer: There is no zakah on the apartments themselves if they are for personal use, benefit, and renting out. However, zakah is due on the rent if a lunar year passes over it. For example, if a person rents out an apartment for one thousand riyals, and a lunar year passes over that thousand while he still has it and has not spent it, he must pay its zakah, which is one-quarter of one-tenth. This applies if the rent remains with him until a lunar year has passed over it. But if he pays off a debt with it, or spends it on his needs before the lunar year passes, there is no zakah on it.
The presenter: May Allah reward you with good and do you good.
Source
binbaz.org.sa
The Arabic text is copied verbatim from the original source, without any edits.