Do I have to pay Zakaat on value of the rental property or annual net rent?
Published as Zakaat on property
Question
Do I have to pay Zakaat on value of the rental property or annual net rent?
Answer
Refer to http://muftionline.co.za/node/8402
And Allah Ta'ala (الله تعالى) knows best.
- Answered by
- Mufti Zakaria Makada
- Checked & approved 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/9667
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-9667
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