Darul Iftaa Mahmudiyyah

Zakaat on rental property.

· 14 Dhuʻl-Qiʻdah 1438 AH1 min readFatwa 38476English

Question

Zakat on residential plots

As salamualaikum,

Ramadan Kareem

I purchased a residential plot in my home town from a friend and got registered on my mother’s name. We purchased with the intention to build a home for family and not for re-sale.

Plot Area was not developing so later on we decided to sell it in order to purchase residential house from Builder(fully constructed-readymade). Government changed in India and the market rates went down, we could not get buyer for plot even for less profit. Do I need to pay zakat on this plot.

If yes then from when:

One year after Date of registration

When I made the intention to sell instead of building my home in this plot, adding 1 year

Note- I have another plot which was purchased with same intention of building for family. Now I am renovating my parents’ house. So both the plots are in our possession.

Wasalam

Answer

In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

You purchased both plots in reference to develop them for personal use. You now changed your intention and decided to sell the plots. There is no zakat on both plots[i].

If you sell the plots, zakat will be on the proceeds of the sale of the plots according to your personal financial situation.

And Allah Ta’ala Knows Best

Muajul I. Chowdhury

Student Darul Iftaa

New York, USA

Checked and Approved by,
Mufti Ebrahim Desai.

_____-

References (Arabic / Urdu sources)

[i] المحيط البرهاني في الفقه النعماني (2/ 246)

لكنا لا نوجب الزكاة في العروض إن لم تكن للتجارة بالإجماع

الفقه الحنفي وأدلته (1/353)

الهداية (1/ 195)

الزكاة و اجبة في عروض التجارة كائنة ما كانت إذا بلغت قيمتها نصابا

المحيط البرهاني في الفقه النعماني (2/ 247)

وإذا اشترى عرضاً بدراهم أو دنانير، فالمشترى لا يصير للتجارة؛ إلا إذا نوى التجارة

الأشباه والنظائر (ص: 29)

و تشترط نية التجارة في العروض

فتح القدير (2/217)

و تشترط نية التجارة لأنه لما لم تكن للتجارة خلقة فلا يصير لها الا بقصدها فيه و ذلك هو نية التجارة

مراقي الفلاح (ص: 265)

ولا زكاة في الجواهر واللآلئ إلا أن يتملكها بنية التجارة كسائر العروض

احسن الفتاوى (4/295)

فتاوى دار العلوم زكريا (1/134)

Answered by
Muajul I. Chowdhury
Checked & approved by
Mufti Ebrahim Desai
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Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/38476
Fatawa SA: https://fatawa.co.za/fatwa/askimam-38476

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