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The question

Is Zakat due on the principal cost of purchasing a car leased to an oil company, or only on the monthly income derived from it? And is Zakat calculated on the principal cost of purchasing an apartment or a plot of land for investment purposes?

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

Zakat is not obligatory on the value of a car, real estate, or land if they are not for trade. Rather, it becomes obligatory on their income or revenue if it reaches the nisab (minimum threshold) and a hawl (full lunar year) has passed over it.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
170911
Imported
Translation status
Source text, unreviewed
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