Assalaamu alaikum wb, Ramdan Mubark to all our sisters and brothers, in reference to the above title I would be very happy to receive your valuable comments. One of our brother and his family staying on rent house also they pay every month rent for the same house, here he has paid some amount as advance on initial stage ( time of registration) kindly.. More
My father bought a house four years ago, and rented it only three years later; and now a year has elapsed since its rental, and he has received no income from it, since the money taken was spent on maintenance; and now a lunar year has come upon it: is Zakaah due on it?.. More
Assalamualaikum w.r.b. I worked for a company in Saudi Arabia for 10 years. The End-of-Service benefit I received is more than the specified Nisab. I invested this money on a land alongwith others with the intention of making use of this land to build something that can give some profit. As of now, nothing has been built. Do I need to pay Zakah on.. More
Dear Imam. My friend has a property with annual rental income of 15,000 dollars. He uses this money for family use. He also owns a piece of land worth 16000 dollars. At the same time he has a loan from the bank to the amount of 30,000 dollars. He is employed with 6 figure salary but his savings are Zero. He intends to pay off loan as soon as his.. More
Assalam-o-alaikum I bought a flat for Rs. 13 lacs out of which I borrowed half money from my relatives. And I cleared some loan still I have to pay 2.5 lacs My income from flat is 3500 pm and this ramdhan almost one year is completed So how much money I have to pay as a zakah for this flat This flat I purchase so that I can stay there after my.. More
I have few investment property and have no mortgage on this property. I have rental income and paying zakat only on net saving of rental income. I could not find any Hadith ( only Fatwa ) to justify that what I am doing is correct. Meaning paying zakat on net rental income not on value of property. Can you please tell me is there any hadith on this.. More
I am due to receive the rent of my house for 2 years in advance. Am I supposed to pay zakat on this and how much. Jazakum allahu khayran... More
Assalamu'alaikum Wa Rahmatullah e Wa Barakatuhu, My father own an agriculture land and has a contract with farmer and the farmer give money on yearly basis to my father. He has taken the loan from bank against that agriculture land, which is four times more than the yearly income from that land. Now, query is that do he has to pay ushar or zakat on.. More
I put some money with a brother, who is buying properties (houses) to rent them, every year the brother pays Zakaat on the profit including mine and add the remaining profit to my capital with him and he tells me the amount of my new capital. My question is because my money is invested in these houses but I do not owe a house and if I want.. More
I had a plot of land with a building which had many shops from where I collected rent. Every year I gave Zakaah from the income I got from rent, as it fulfilled the conditions for Zakaah. Last month I sold the building and naturally from the sale I got huge amount. With this money I will buy a land for building my house and another land to build.. More
My brother's employer in Jeddah would like to know that whether or not he should take in to consideration the office buildings and showrooms owns by him for his business purposes while calculating thezakah? If yes, which amount he should take into consideration (purchase price or market value)... More
A person has a building as property which he gave for rent.Does he have to pay Zakah for the building and as well as on the rent? If the building is his own house but he now lives in a foreign countrydoes he have to pay Zakah on the building? Please clarify... More
I bought an apartment in my home country for about $58000, but $18000 of that was paid by my father. I am renting this apartment to a person who pays the monthly rent directly to my father until my father gets back his money. After that I will be free to do whatever I want with my apartment, whether to rent it or live in it or leave it empty. Right.. More
My question is about Zakah. Suppose I have some fixed assets that are giving some profit for me. Say I have a property worth of two million rupees and I get profit from that assets. Now my question is whether I have to pay the Zakah of those assets every year or only once in the lifetime. Also if the assets are dead i.e. I do not get any benefit.. More
I have one commercial building (other than one building in which I am staying) in India. I am getting rent every month from tenent, but I am not able save that money (just receiveing and expending it). Do I have to give zakah on that building or on that money? What is the ruling regarding this in accorance with Qur'an and authentic Sunnah... More
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