Fatwa Explorer

Fatwa #1006914 November 2003Pakistan

How can we give zakat on a residential plot?

Question

How can we give zakat on a residential plot?

Answer

There is no zakaat on a residential plot, unless it was bought with the purpose of reselling. In that case 2.5% of its present market value must be given in Zakaat ,every year.

and Allah Ta'ala Knows Best

Mufti Ebrahim Desai
Something wrong with this record?

Report a problem

This goes to whoever maintains the archive, not to Askimam.org. For a question about the ruling itself, use the link to the original above.

Sent anonymously. No account needed, and nothing identifies you.