🌟 Update Alert! 🌟 We're adding more value to our series! Look forward to 2 practical examples of calculations for each topic we cover. These examples are designed to deepen your understanding and make the application of knowledge more accessible. Stay tuned and happy learning! JazakAllah for being part of our journey.
Walykum As’salaam, There is no Zakat on rental property unless the intention was to resell it. Zakat will be due on the rents, which will be part of individual’s total cash in possession.
Walykum As’salaam, There is no Zakat on rental property unless the intention was to resell it. Zakat will be due on the rents, which will be part of individual’s total cash in possession.
Thank you for the useful informations about Zakat. God bless you.
🌟 Update Alert! 🌟 We're adding more value to our series! Look forward to 2 practical examples of calculations for each topic we cover. These examples are designed to deepen your understanding and make the application of knowledge more accessible. Stay tuned and happy learning! JazakAllah for being part of our journey.
I have a rental property and I want to know if zakat is due on it. If so the due is on the price I purchased or on the current price?
Walykum As’salaam, There is no Zakat on rental property unless the intention was to resell it. Zakat will be due on the rents, which will be part of individual’s total cash in possession.
Please answer as soon as possible
Walykum As’salaam, There is no Zakat on rental property unless the intention was to resell it. Zakat will be due on the rents, which will be part of individual’s total cash in possession.