Source: http://qa.muftisays.com/?12605
Question ID: #12605
 
Question: Zakat on property: bought for rental, later to sell
Salam,

I am aware that property/land bought with the explicit intention to sell at the time of purchase is subject to zakāt, however what happens in the following?

I bought shares in a property, with the intention of renting it for some time (5 years) but also with the intention of definitely selling it upon maturity of the rental period. Do I have to give zakāt on this when the property is put on the market after the rental period if the zakāt date enters and the property is not yet sold?
 
 
Answered by: Ulamaa ID 04 (London)
Date: 15/12/2025 22:43pm

بسم الله الرحمن الرحيم

الجواب حامداومصليا

In the Shariah, If one brought a land or property for re-sale then one has to give Zakat on the market value of the land or property every year and not on the purchase price.

Also, Zakaat on the rental income will be given if it amounts to Nisab and when you receive cash from the sale of the property, all these will be included in your Zakatable assets.

(احسن الفتاوی ٤/٣١٠)

And Allah knows best

24 Jumadal Thania 1447/ 15 December 2025
Mufti Qamruzzaman

London, UK
 
www.MuftiSays.com