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Property value to be considered for zakah calculation?

Answered according to Hanafi Fiqh by Darulifta-Deoband.com
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I have purchased a property whose amount I am suppose to give in 4 years in installments. This purchase and payment is completely interest free. Till now I have paid some 4 to 5 installments. So do I need to consider the money that I have paid till now in Zakat amount calculation?

بسم الله الرحمن الرحيم

(Fatwa: 1042/892/L=09/1440)

 

There is no zakah on the amount which you have paid.

Allah knows Best!

Darul Ifta,
Darul Uloom Deoband

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