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The question

Is Zakat obligatory on a car purchased in installments for the purpose of renting it out?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

If the car is designated for hire only, then zakat is due on its earnings, not on the car itself. If the total rental income reaches the nisab and a full year has passed over it, then zakat becomes obligatory on it; otherwise, it is not.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
178099
Imported
Translation status
Source text, unreviewed
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