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?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
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
Read the full answer on Ftawyhttps://ftawy.com/en/questions/170911
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- Original fatwa ID
- 170911
- Imported
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