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The question

Is zakat obligatory on a house purchased through a bank in installments, and if so, how much zakat must be paid monthly?

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

is not obligatory on a house prepared for residence, whether paid in installments or otherwise, because it is one of the essential needs of a person, and it is neither productive nor capable of producing growth.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
50199
Imported
Translation status
Source text, unreviewed
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