How is the Zakat calculated on a property mortgaged to the bank?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Real estate designated for housing is not subject to . However, if it is designated for trade and profit, its value is assessed at the price on the day zakat is due, and 2.5% of this value is to be given, provided it reaches the and a full year has passed over it. The fact that the property is mortgaged does not affect this. As for real estate designated for rent, zakat is not obligatory on its value; rather, it is obligatory on the saved rental income, provided it reaches the nisab and a full year has passed over it.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/44374
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 44374
- 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