Do I have to pay Zakaat on money paid as installments?
Question
Dear Sir,
Assalamualikum !!
I purchased a plot worth Rs.2 lakhs in installments. I have already paid 1 lakh and remaining is due which I shall pay in installments in regular intervals. The plot will be register in my name when I pay the total amount.
My question is the amount I paid to the owner of the plot i.e., 1 lakh should be accounted in paying my early zakat.
Jazakallah khair.
Answer
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
You are not obligated to pay Zakaat (alms) on the 1 Lakh in the scenario in reference.[1]
And Allah Ta’āla Knows Best
Moulana Ismail Desai,
Student Darul Iftaa
Durban, South Africa
Checked and Approved by,
Mufti Ebrahim Desai.
References (Arabic / Urdu sources)
1 و سببه أي سبب افتراضها ملك نصاب حولي تام (الدر المختار، ج 2، ص 259، ايج ايم سعيد)
مالك لنصاب من نقد و لو تبرا (نور الايضاح، ص 209)
- Answered by
- Moulana Ismail Desai
- Checked & approved by
- Mufti Ebrahim Desai
Fatawa SA is an independent, read-only index of fatawa already published by Darul Iftaa Mahmudiyyah (AskImam). It is not a fatwa service. For your own situation, ask the issuing Darul Ifta directly.