Question:
I own a house which I rent out. Do I have to give zakāt on that property?
Answer:
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
In essence, only the following categories are zakātable:
1) Gold and silver
2) Cash
3) Merchandise
4) Agricultural produce
5) Animals and livestock
A property on lease is not subject to zakāt.[1] The rental received from the tenant will be added to one’s total wealth and will be subject to zakāt.
And Allah Ta’āla Knows Best
Mufti Faraz ibn Adam al-Mahmudi,
www.darulfiqh.com