Will Zakaat be payable on such property?
Question
If a person keeps a residential plot with no defined intention whether it could be used for living in future by himself/family or whether to be sold at a good price if need arises; will zakaat be payable on such property?
Answer
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh
If a person purchased a land with no defined intention, it is not considered as stock in trade. Zakaat is not payable on such property.[1]
And Allah Ta’āla Knows Best
Ismail Desai,
Darul Iftaa
Checked and Approved,
Mufti Ebrahim Desai.
References (Arabic / Urdu sources)
1الزكوة و اجبة في عروض التجارة كائنة ما كانت (الهداية، 1/ 195، علمية)
أحسن الفتاوي، 4/299
فتاوي دار العلوم زكريا، 2/ 138)
الا أن يتملكها بنية التجارة (نور الايضاح، ص 214)
فتاوي دار العلوم ديوبند، 6/133
و تشترط نية التجارة لأنه لما لم تكن للتجارة خلقة فلا يصير لها الا بقصدها فيه و ذلك هو نية التجارة (فتح القدير، 2/217، الفكر)
2 فلا زكوة علي أثاث المنزل و دور السكني و نحوها (تنوير الأبصار، ج 2، ص 263- 265، ايج ايم سعيد)
عن حاجته الأصلية (تنوير، ج 2، ص 262، ايج ايم سعيد)
فارغ عن الدين و عن حاجته الأصلية (نور الايضاح، ص 209)
- Answered by
- Ismail Desai
Where scholars differ, it’s safer to take the more cautious view.
Fatawa SA is an independent, read-only index of fatawa already published by Darul Iftaa Mahmudiyyah. It is not a fatwa service. For your own situation, please ask a Mufti. Report an issue
For corrections or mistakes, please email us at fatawasa786@gmail.com.
Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/32885
Fatawa SA: https://fatawa.co.za/fatwa/askimam-32885
People also ask
Is zakaat payable on property and rental income?
“1. In principle, zakat will only be wajib on land if it is bought with the intention of selling it. Therefore, zakat is not wajib on the land you bought. 2. It will be permissible to consider the zakat you paid for that land as…”
Ask Imaam · 122 fatawa from 6 Darul Iftas on this
What the Darul Iftas say