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Property value to be considered for zakah calculation?

Answered according to Hanafi Fiqh by Darulifta-Deoband.com
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

This answer was collected from the official ifta website of Darul Uloom Deoband in India.

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