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If a person owns a house and uses it for rental income, will zakaat be calculated just on the income generated through it or on the value of property as well?

Answered according to Hanafi Fiqh by Askimam.org

If a person owns a house and uses it for rental income, will zakaat be calculated just on the income generated through it or on the value of property as well?

Answer

In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh

Zakaat is only due on the rental income accrued from the property. There is no Zakaat on the investment amount.  The rental income will be considered as cash on hand and Zakaat will be calculated according to one’s personal financial situation.

And Allah Ta’āla Knows Best

Ismail Desai,

Darul Iftaa

Checked and Approved,

Mufti Ebrahim Desai.


This answer was collected from Askimam.org, which is operated under the supervision of Mufti Ebrahim Desai from South Africa.

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