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The question

Is zakat obligatory on money saved to buy a house, especially if the zakat payer will be penalized twice by paying rent and zakat?

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

is obligatory on money saved for purchasing a home if it reaches the and a full year has passed over it. It is an obligation that purifies wealth and makes it grow, not a punishment. It is not permissible to borrow with interest to buy a home if renting is possible, for usury is deprived of blessing in this world and warrants punishment in the Hereafter.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
39967
Imported
Translation status
Source text, unreviewed
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