Is Zakat due on money saved to buy a house?
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
According to the Hanafi school, money saved at present to purchase a house in the future are currently subject to Zakat.
And Allah Ta’ālā Alone Knows Best
Mufti Faraz Adam,
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