{"id":9364,"date":"2017-10-04T16:48:12","date_gmt":"2017-10-04T16:48:12","guid":{"rendered":"http:\/\/daruliftabirmingham.co.uk\/?p=9364"},"modified":"2017-10-04T16:49:33","modified_gmt":"2017-10-04T16:49:33","slug":"zakaat-on-upcoming-installments","status":"publish","type":"post","link":"http:\/\/daruliftabirmingham.co.uk\/home\/zakaat-on-upcoming-installments\/","title":{"rendered":"Zakaat on upcoming installments"},"content":{"rendered":"

\n\tFatwa ID: 02267<\/strong><\/span><\/span><\/span>\n<\/p>\n

\n\tAnswered by <\/strong>Molana Eunus Ali<\/span><\/span><\/span>\n<\/p>\n

\n\tQuestion:<\/strong><\/span><\/span><\/span>\n<\/p>\n

\n\tAssalaamu alaikum,<\/span><\/span><\/span>\n<\/p>\n

\n\tI have purchased an off-plan property and have set aside an amount which I will have to pay to the developer over the next two years.
\n\tIs zakat payable on the amount that I have set aside? Or is this considered a debt which can be offset for the purpose of my zakat calculation.<\/span><\/span><\/span>\n<\/p>\n

\n\tPlease advise.
\n\tJazakAllahu khair
\n\tRafiq<\/span><\/span><\/span>\n<\/p>\n

\n\tAnswer:<\/strong><\/span><\/span><\/span>\n<\/p>\n

\n\t\"Bismillah\"<\/a>\n<\/p>\n

\n\tAccording to the preferred opinion in the Hanafi school a long-term debt will not prevent one from paying Zakah.<\/span>[1]<\/span><\/a><\/span><\/span>\n<\/p>\n

\n\tTherefore only that amount which has been set aside for the developers for that year should be deducted from the savings <\/a>and not the total amount payable to the developers. Zakat should then be paid on the remaining savings if they are above the nisab amount.<\/span>[2]<\/span><\/a><\/span><\/span>\n<\/p>\n

\n\tPlease refer to the link below:<\/span><\/span><\/span>\n<\/p>\n

\n\thttp:\/\/daruliftabirmingham.co.uk\/zakat-on-short-and-long-term-loans\/<\/span><\/a><\/span><\/span>\n<\/p>\n

\n\tOnly Allah knows best<\/span><\/span><\/span>\n<\/p>\n

\n\tWritten by Molana Eunus Ali<\/span><\/span><\/span>\n<\/p>\n

\n\tDarul Ifta Birmingham.<\/span><\/span><\/span>\n<\/p>\n

\n\tChecked and approved by Mufti Mohammed Tosir Miah<\/span><\/span><\/span>\n<\/p>\n

\n
\n
\n

\n\t\t\t[1]<\/span><\/a> Raddul Muhtar, Volume 3, Page 177, Darul Kutubul Ilmiyyah<\/span><\/span><\/span>\n\t\t<\/p>\n<\/p><\/div>\n

\n

\n\t\t\t[2]<\/span><\/a>Jadeed Fiqhi Masail, Volume 1, Page 144-145, Zamzam Publishers<\/span><\/span><\/span>\n\t\t<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Fatwa ID: 02267 Answered by Molana Eunus Ali Question: Assalaamu alaikum, I have purchased an off-plan property and have set aside an amount which I will have…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[19],"tags":[],"_links":{"self":[{"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/9364"}],"collection":[{"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/comments?post=9364"}],"version-history":[{"count":3,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/9364\/revisions"}],"predecessor-version":[{"id":9367,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/9364\/revisions\/9367"}],"wp:attachment":[{"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/media?parent=9364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/categories?post=9364"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/tags?post=9364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}