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Do I need to give Zakath on the amount of house sold out?

Answered as per Hanafi Fiqh by Darulifta-Deoband.com
I have Purchase House Last Year for Rent Purpose & did not give Zakath last year Hence my Purpose rent only not for Investment or selling, but Unfortunately Documents of house not clear and I have Sold it out last Month and Looking another house to buy. Those Amount of House Do I Need to give Zakakth ( CASH amount of House sold out) kindly let me know ASAP because Zakath Due’s on 5th Ramadan .

بسم الله الرحمن الرحيم

(Fatwa: 931/844/M=09/1440)

In the question mentioned above if you are already sahib-e-nisab and your year completes on 5 Ramadan then along with the zakah of nisab the amount which you received last month after selling the house and remained with you till 5 Ramadan you will have to pay its zakah as well.

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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