Zakaat on rental property
Question
Zakat should be paid on the market value of rental property as stock or on the rent?
Answer
On the rent.
And Allah Ta'ala (الله تعالى) knows best.
- Answered by
- Mufti Ebrahim Salejee (Isipingo Beach)
Where scholars differ, it’s safer to take the more cautious view.
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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/20548
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-20548
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