{"id":13018,"date":"2020-02-11T16:23:41","date_gmt":"2020-02-11T16:23:41","guid":{"rendered":"http:\/\/daruliftabirmingham.co.uk\/?p=13018"},"modified":"2020-02-11T22:48:25","modified_gmt":"2020-02-11T22:48:25","slug":"zakah-on-rental-property","status":"publish","type":"post","link":"https:\/\/daruliftabirmingham.co.uk\/home\/zakah-on-rental-property\/","title":{"rendered":"Zakah on rental property."},"content":{"rendered":"

\n\tFatwa ID: 03214<\/strong><\/span><\/span>\n<\/p>\n

\n\tAnswered by: Maulana<\/strong> Imran Mughal\u200b<\/strong><\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

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

\n\tAssalamualaikum<\/span><\/span>\n<\/p>\n

\n\tIf one owns a house, and he is renting it out on a monthly basis, he must pay zakat on both the income received and the value of the house? Or just the income received?<\/span><\/span>\n<\/p>\n

\n\tWhat about a person who owns a retail store? Does he have to take inventory of every single item, and then pay zakat?<\/span><\/span>\n<\/p>\n

\n\tReason for asking is that I remember that there were some conditions for this.<\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\t\u0628\u0650\u0633\u0652\u0645\u0650 \u0627\u0644\u0644\u0647\u0650 \u0627\u0644\u0631\u0651\u064e\u062d\u0652\u0645\u0646\u0650 \u0627\u0644\u0631\u0651\u064e\u062d\u0650\u064a\u0652\u0645<\/span><\/span>\n<\/p>\n

\n\tIn the name of Allah, the Most Gracious, the Most Merciful<\/u><\/strong> <\/span><\/span>\n<\/p>\n

\n\t 
\n<\/h1>\n

\n\tAnswer:<\/u><\/strong><\/span><\/span>
\n<\/h1>\n

\n\tZakat will not be given on a property owned that is rented out, but it will be compulsory to take out zakat for the income received through the property if all the other conditions of zakat are fulfilled.[1]<\/a>   <\/span><\/span>\n<\/p>\n

\n\tZakat will also be compulsory on items for trade, so if someone owns a store, he will have to pay zakat on the current market value of those items and not on the price of the items when wishing to sell them.[2]<\/a><\/span><\/span>\n<\/p>\n

\n\t<\/a> <\/span><\/span>\n<\/p>\n

\n\tOnly Allah SWT alone knows best.<\/span><\/span>\n<\/p>\n

\n\tWritten by Maulana Imran Mughal<\/span><\/span>\n<\/p>\n

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

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

\n\t <\/p>\n
\n
\n

\n\t\t\t[1]<\/a> Allamah Ibn Abidin, Radd al-Muhtar <\/em>(Damascus: Dar al-Thaqafah, 2000), 5:469-472.<\/span><\/span>\n\t\t<\/p>\n<\/p><\/div>\n

\n

\n\t\t\t[2]<\/a>Imam Marghaynani, Al-Hidayah <\/em>(Karachi: Maktabah al-Bushra, 2014), 2:40.<\/span><\/span>\n\t\t<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Fatwa ID: 03214 Answered by: Maulana Imran Mughal\u200b   Question Assalamualaikum If one owns a house, and he is renting it out on a monthly…<\/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":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/13018"}],"collection":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/comments?post=13018"}],"version-history":[{"count":2,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/13018\/revisions"}],"predecessor-version":[{"id":13049,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/13018\/revisions\/13049"}],"wp:attachment":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/media?parent=13018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/categories?post=13018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/tags?post=13018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}