Zakat on money saved for building a house

 

 

 




A: Respected Brother/Sister in Islam

As Salaamu Alaykum wa Rahmatullahi Wa Barakaatuh
 
Haamidaw wa Musalliyaa

If the mentioned funds equal or exceed the amount of Nisab and have been in your possession for one lunar year, or you have them in your possession when you usually calculate your Zakat, then you are liable to pay Zakat on these funds.

And Allah Ta’ala Knows Best
 
Was Salaam
                                   
Shafiq Jakhura (Mufti)
Fatwa Dept.