Home » Hanafi Fiqh » ShariahBoard.org » I’ve saved some money during this year (my zakat is due in ramadan) with the intention of buying house and I’m looking for it. If at all I don’t purchase house before ramadan do I have to pay zakat on that amount which I saved this year.

I’ve saved some money during this year (my zakat is due in ramadan) with the intention of buying house and I’m looking for it. If at all I don’t purchase house before ramadan do I have to pay zakat on that amount which I saved this year.

Answered as per Hanafi Fiqh by ShariahBoard.org
I’ve saved some money during this year (my zakat is due in ramadan) with the intention of buying house and I’m looking for it. If at all I don’t purchase house before ramadan do I have to pay zakat on that amount which I saved this year.
If the money was collected to purchase a house but it never happened then there is zakat on that collected amount.
Allah (Subhanahu Wa Ta’ala) Knows Best
Mufti Nawal-ur-Rahman

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This answer was collected from Shariahboard.org. It was established under the supervision of the eminent faqih of our era, Hazrat Shah Mufti Mohammed Navalur Rahman damat barakatuhum.

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