Assalaamu `alaykum waRahmatullahi wabarakatahu
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?
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,
Checked and Approved by,
Mufti Ebrahim Desai.