Back to search
The question

Is Zakat obligatory on the car installment amount deducted monthly from the salary, and is Zakat obligatory on the car itself?

Share this answer

Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

There is no on the amount deducted by the bank. Zakat is obligatory on what remains if it reaches the and a full year has passed over it.

Regarding the car: - If it is for personal use, there is no zakat on it. - If it is intended for trade, then it is subject to zakat as trade goods by valuation, and zakat becomes obligatory on it if its value reaches the nisab by itself or when combined with other money or trade goods, and a full year has passed over it. - If it is for rent, zakat is obligatory on the remaining rental income if it reaches the nisab or completes the nisab of other assets.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
44665
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
Read the full ruling
Read the full answer on Ftawy