My father owned an apartment in Pakistan which had always been on rent. A week back, he sold it and received the money against it 2 days ago. My question is, when giving zakaat, will this money be taken into account? Or will it be considered after it has been in possession for a year?
A:This money will be joined with his other assets and if those assets were of the amount on which Zakaat was compulsory then he will pay Zakaat on the entire amount (old and new).
Moulana Yusuf Laher