Is Zakat obligatory on an apartment that was bought for a son to be used as a residence or for sale?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
The rented apartment is not subject to on its value as long as it was not intended for trade. Zakat is due on its rent if a year has passed over it and it has reached the (which is equivalent to 85 grams of gold), and the amount of zakat is a quarter of a tenth (2.5%). Gifting the apartment to a minor son is valid, and the father acts on his behalf in taking possession of it.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/93172
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- Original fatwa ID
- 93172
- Imported
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