Is Zakat payable on the money which i intend using for the land?
Question
ASSLAMO ALAIKUM
AS I CALCULATE MY ZAKAT IN RAMADHAN EVERY YEAR AND DISTRIBUTE AS SOON AS I CAN OR SAVE IT TO DISTRIBUTE MYSELF IF I HAVE PLANS TO VISIT A POOR COUNTRY.
I AM BUYING SOME LAND TO BUILD A HOUSE FOR MY FAMILY AND MYSELF I HAVE PAID A DEPOSIT ON THE LAND WE ARE WAITING FOR CONTRACTS TO BE PREPARED BY SOLICITOR TO COMPLETE THE PURCHASE. WHICH I AM TOLD THE CONTRACT WILL BE READY NEXT WEEK. IS ZAKAT IS PAYEBLE ON THE MONEY WHICH I WILL USE TO PAY FOR THE LAND.
I PAID THE DEPOSIT 3 MONTHS AGO TO SECURE THE PURCHASE OF THE LAND. I AM LIVING IN A RENTED PROPERTY JUST NOW.
Answer
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
The amount payable for the land will not be regarded as a liability and cannot be deducted from the Zakaat payable.
And Allah Ta’āla Knows Best
Mufti Ebrahim Desai.
- Answered by
- Mufti Ebrahim Desai
Where scholars differ, it’s safer to take the more cautious view.
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Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/36382
Fatawa SA: https://fatawa.co.za/fatwa/askimam-36382
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