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I have a second car which I do not use, which I am keeping to use at a later date or sell, is Zakat due on that car?

Answered as per Hanafi Fiqh by Askimam.org

Assalaamu `alaykum waRahmatullahi wabarakatahu

Regarding Zakat,

I have a second car which I do not use, which I am keeping to use at a later date or sell, is Zakat due on that car?

Answer

Assalāmu `alaikum Warahmatullāhi Wabrakatuh,

If you bought the car with the intention of selling it, Zakat is due on it. If you bought the car with the intention of using it and later you decided to sell it, Zakat is not due on it.

And Allah Ta’āla Knows Best

Mufti Faizal Riza,
Australia.

Checked and Approved by,
Mufti Ebrahim Desai.
www.daruliftaa.net

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

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